Executed

Migrating the remaining amount of UDT/WETH Liquidity Position from Uniswap v2 pool


ID 100059...3614

ID 100059...3614

Unlock

Unlock

Proposed on: Jan 5th, 2024

Proposed on: Jan 5th, 2024

Votes

Actions

Type

Address

Details

Custom

0x9cA8...67C1

transfer(..)

Custom

Account

0x9cA8...67C1

Method

transfer(..)

Proposal

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

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