Executed

Add KTON/RING Liquidity to Uniswap on BasenProposal: Step 1 (#1/4)


Proposal ID

922310...9882

Proposed

Apr 9th, 2025

Result details
Final Votes

Quorum

13.79K of 3K

Majority support

Yes

For

13.79K

Against

0

Abstain

0

Actions

Type

Address

Details

Proposal

​This is the first of four planned steps to provide liquidity for the KTON/RING pair on the Base chain:

Step 1:

Transfer all RING tokens accumulated so far from the KtonDAO Treasury to the Manager Multisig Address. This transfer includes the current balance, and any additional tokens that continue to accumulate will be transferred in subsequent steps as needed.

Move RING tokens from the KtonDAO Treasury to the Manager Multisig Address.
Manager Multisig Address: 0x9497c0474c0Bba76942AD553DA91F4e52df45E8f


The following steps will be outlined in upcoming proposals:

Step 2:

Bridge RING and KTON to xRING and xKTON on Ethereum Using Manager Multisig Address

Use the Manager Multisig Address to bridge RING and KTON tokens to their wrapped versions xRING and xKTON on the Ethereum network.

Step 3:

Bridge xRING and xKTON on Ethereum to xRING and xKTON on Base Using Manager Multisig Address

From Ethereum, use the Manager Multisig Address to bridge the xRING and xKTON tokens over to their respective wrapped versions xRING and xKTON on the Base network.

Step 4:

Add Liquidity to Uniswap on Base Using Manager Multisig Address

Finally, add the xRING and xKTON tokens to the Uniswap liquidity pool on the Base chain to provide liquidity for the KTON/RING pair.

[""]

Final Votes

Quorum

13.79K of 3K

Majority support

Yes

For

13.79K

Against

0

Abstain

0

Final Votes
Status

Wed Apr 9, 08:27 am

Published onchain

Wed Apr 9, 08:27 am

Voting period started

Wed Apr 16, 08:27 am

Voting period ended

Thu Apr 17, 08:20 am

Proposal queued

Fri Apr 18, 08:58 am

Proposal executed