Pending

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


Proposal ID

888886...2949

Proposed

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