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BeetsBeetsby0xF7c5884d77eb00aFCC506c2f99D438C0CE6C2E000xF7c5…2E00

Treasury Revenue - Part 3

Voting ended almost 4 years agoSucceeded

We propose to put authorisations in place to allow the Treasury to utelise revenue streams.

The table below indicates the past and present revenue streams in place.

image

As we have been discussing, the approvals will be batched together, this proposal covers part 1.

Part 3

This part covers the Fantom Foundation rewards

Option 1 Split the rewards into two components

  • 65% into a Protocol Owned liquidity pool with 70% or more exposure to FTM
  • 35% into a stable liquidity pool

Option 2 Split the rewards into two components

  • 50% into a Protocol Owned liquidity pool with 70% or more exposure to FTM
  • 50% into a stable liquidity pool

Option 3 Use the rewards to acquire some FTM ecosystem tokens and add them to Protocol Owned Liquidity If needed, in the future these tokens can be used for governance rights to vote in favor of the protocol.

Off-Chain Vote

Option 1
718.39K BEETS-LP6.4%
Option 2
6.31M BEETS-LP56.3%
Option 3
4.06M BEETS-LP36.2%
None - More discussion needed
116.15K BEETS-LP1%
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Timeline

Apr 18, 2022Proposal created
Apr 18, 2022Proposal vote started
Apr 24, 2022Proposal vote ended
Oct 26, 2023Proposal updated