Goal of the proposal
This proposal aims at moving the remaining amount (100%) of the liquidity tokens currently owned by the DAO in Uniswap V2 UDT/WETH pool to a multisig owned by trustees . This transfer is a necessary step towards the end goal: migrate the current V2 liquidty position to the UDT/WETH Uniswap v3 pool (without risking a sandwich attack during the migration).
Current situation of the UDT/WETH V2 pool
Address: 0x9cA8AEf2372c705d6848fddA3C1267a7F51267C1
DAO's liquidity tokens in V2 pool
- total : 85116245781832601704
- to transfer:85116245781832601704
For reference, the total DAO's liquidity in V2 pool is 2117.913872974150943852 UDT and 18.76683586595037034 WETH.
About the proposal
The proposal contains a single call to the v2 pool transfer function that will transfer half of that liquidity tokens to the multisig - transfer(0xc3F2bcBE6fB42faC83dd8a42893C6c0B3809e070,85116245781832601704).
Once approved and executed, the tokens will be transferred. The 5 signers of the multisig will take care of migrating the v2 position to the v3 pool.
Thank you!
The Unlock Team