Geyser Refresh for Jan 23, 2023
For the full background and discussion, please see the forum post here.
This proposal also includes reclaiming the aAMPL/AMPL liquidity on Mooniswap.
Proposed Configuration
Background:
- Original EcoFund carveout was 23.5% of network
- Forth DAO Treasury owns 5,133,813 AMPL, so 42.34% of original EcoFund carveout is liquid (not counting the 412K AMPL and 498 ETH in Uni v2 and 130K AMPL in Mooniswap)
Following the Bitcoin Emission 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 | SPOT Amount |
|---|---|---|---|---|
| Beehive v5 | Uniswap v2 | ETH/AMPL | Ethereum | 75,000 SPOT |
| Fly Pilot | Uniswap v3 | SPOT/USDC | Ethereum | 10,000 SPOT |
| Total | 85,000 SPOT |
Off-Chain Vote
For
10.33K FORTH81.4%
Against
1.33K FORTH10.5%
Abstain
1.02K FORTH8.1%
Discussion
Timeline
Jan 13, 2023Proposal created
Jan 14, 2023Proposal vote started
Jan 17, 2023Proposal vote ended
Sep 11, 2025Proposal updated