Executed

Geyser Refresh for October 11, 2022


Proposal ID

8

Governor

Ampleforth

Proposed

Oct 17th, 2022

Result details

35 addresses

666.38K votes

162.24K

Final Votes

Quorum

Pending

Majority support

Yes

For

666.38K

Against

0

Abstain

0

Actions

Type

Address

Details

Proposal

For the full background and discussion, please see the forum post here.

Proposed Configuration

Background:

  • Original EcoFund carveout was 23.5% of network
  • Forth DAO Treasury owns 4,285,960 AMPL, so 44.24% of original EcoFund carveout is liquid (not counting the 346K AMPL and 296 ETH in Uni v2 and 100K AMPL in Mooniswap)

Following the Bitcoin Emmission schedule would give us a target for Y4Q1 to Y4Q4 of 1.75% of the original Eco Fund per quarter. (That's 1.75% of 23.5% of total supply)

Geyser       Platform    Pair             Chain       % of Eco Fund
Splendid     Aave        aAMPL            Ethereum    0.3 %
Trinity v3   Balancer v2 WAMPL/WETH/WBTC  Ethereum    0.3 %
Beehive v4   Uniswap v2  ETH/AMPL         Ethereum    0.6 %
Crystal      Pangolin    WAVAX/AMPL       Avalanche   0.6 %
Total                                                 1.8%
Final Votes

Quorum

Pending

Majority support

Yes

For

666.38K

Against

0

Abstain

0

Final Votes

35 addresses

666.38K votes

162.24K

Status

Mon Oct 17, 11:28 pm

Draft created

Mon Oct 17, 11:27 pm

Published onchain

Sat Oct 29, 03:01 pm

Voting period started

Tue Nov 1, 08:43 am

Voting period ended

Sun Oct 23, 05:51 pm

Proposal queued

Tue Oct 25, 08:23 pm

Proposal executed