Pending

Proposal to release 8M COLLAB for initial deploy of DAO-owned liquidity pool on Uni v3 on Optimism mainnet


ID 888886...2949

ID 888886...2949

Proposed on: Nov 20th, 2023

Proposed on: Nov 20th, 2023

Result details

Actions

Type

Address

Details

Custom

0x8B21...902A

transfer(..)

Custom

Account

0x8B21...902A

Method

transfer(..)

Proposal


Single-sided liquidity

Season 1 Orientation: $COLLAB Token

Proposed Journey: Please include a one line description (tl;dr)

Deploy 8M COLLAB (~40k USD at current price) of single-sided COLLAB liquidity (above current price) at 1% fee tier to capture anticipated buy pressure to build DAO protocol-owned liquidity

Baseline grant amount:

  • 8M COLLAB

% of total available Orientation Budget:

Fellowship name:

  • Single-Side Squad

Fellowship Lead:

Contact info:

Optimism L2 recipient address:

Please list the members of your Fellowship and link to any previous work:

Please explain how this Journey will help further the above Orientation:

  • single-sided liquidity deployment will allow us to capture the underlying asset from selling into a buy wave as price moves into and through the range we deploy to through Uni v3. ETH value captured will allow us to level up and provide dual-sided liquidity in larger amount to support the DAO goals in the next round.

What makes your Fellowship well-suited to execute this Journey?

  • we meet and work as part of the Collab.Land team

How should token delegates measure progress along this Journey:

  • Benchmark Milestone 1 (please include expected completion date for each)
    • 8M COLLAB deployed to pool on uni v3 - Dec 3, 2023
  • Benchmark Milestone 2 (please include expected completion date for each)
    • Expiration of timed experiment (January 1, 2024) or completed asset reallocation from price movement through deployed range

How should DAO Pass holders measure impact upon completion of this Journey?

  • KPI 1
    • Amount of ETH held in the multisig at end of experiment

Breakdown of Journey budget request:

  • 8M COLLAB to deploy in uni v3 pool range $0.01-$0.21 even deployment across range at 1% fee tier
  • no funding requested for Fellowship members

I confirm that my grant will be subject to clawback for failure to execute on critical milestones: [Yes/No] Yes

I confirm that I have read and understand the grant policies: [Yes/No] Yes

I understand that I will be required to provide additional KYC information to the Collab.Land Co-op Board to receive this grant: [Yes/No]: Yes

Final Votes
Status

Mon Nov 20, 12:41 am

Published onchain

Sun Jul 16, 05:55 pm

Start voting period

in 98 years

Sun Jul 30, 05:55 pm

End voting period

in 98 years

Queue proposal

Execute proposal