Executive Summary

This proposal seeks to whitelist a newly created RISY/MATIC liquidity pool on Uniswap V2, exempting it from the 10% daily transfer limit and 0.75% ICO maximum balance limit. The liquidity pool has been created and its ownership irrevocably burned to ensure long-term stability and decentralization.

Technical Details

• Liquidity Pool Address: 0xa0d3ee50d6932c554c958d3567d32898575884c5
• Ownership Burn Transaction: 0xf46f32d9e8feb1ed554532ac8d38d8c4f1a7e02c7020f4937aec77575f360361

Rationale and Benefits

1. Reduced Transaction Costs:
   • Current path: MATIC -> WMATIC -> USDC -> RISY
   • Proposed path: MATIC -> RISY (direct)
   • Benefit: Elimination of multiple 0.3% liquidity fees, significantly reducing overall transaction costs for users.
2. Enhanced Visibility:
   • Problem: Some DEX scanners exclusively display Uniswap V2 liquidity pools with native WMATIC.
   • Solution: This RISY/MATIC pool increases RISY's visibility on these platforms.
   • Benefit: Improved organic discovery and potential increase in trading volume.
3. Increased Arbitrage Opportunities:
   • Mechanism: More liquidity pools create additional arbitrage vectors.
   • Benefit: Higher frequency of arbitrage bot interactions, generating consistent 0.1% DAO commissions on each arbitrage trade.
4. Maintained Token Economics:
   • The relatively small size of this liquidity pool compared to existing RISY/USDC and RISY/PAXG pools minimizes the risk of RISY entering into a strong correlation with MATIC (and by extension, BTC).
   • This aligns with RISY's goal of maintaining low volatility through its unique USD and gold correlations.
5. Decentralization and Security:
   • The liquidity pool ownership has been verifiably burned, ensuring no single entity can manipulate or remove the liquidity.
   • This action aligns with Risy DAO's commitment to decentralization and long-term stability.

Technical Implementation

If approved, this proposal will:

• Update the Risy DAO Token ERC20 smart contract's whitelist to include the new liquidity pool address.

Conclusion

By approving this proposal, Risy DAO can enhance its trading infrastructure, potentially increasing liquidity, reducing costs for users, and generating additional revenue for the DAO, all while maintaining its core economic principles and commitment to decentralization.

We encourage all DAO members to carefully consider this proposal and its potential impact on the Risy ecosystem.