BIP-94: Enshrine Permanent Protocol-Owned Liquidity for Botto

Note: Snapshot is only a summary and may leave ambiguities that are covered in the full BIP in the forum which takes precedent.

Note: If this proposal is approved, the 3,750 $BOTTO governance reward will be burnt.

BIP-94: Enshrine Permanent Protocol-Owned Liquidity for Botto

Summary

This proposal seeks to permanently lock 10% of Botto's total protocol-owned liquidity (POL) on Ethereum mainnet via Uniswap V3, using UNCX's V3 locker. This "Botto's Bedrock" layer creates an immutable liquidity foundation that reinforces Botto's identity as an immortal AI artist built on Ethereum, while generating supplemental swap fee revenue for the DAO treasury. The remaining 90% of POL stays unlocked for active DAO management.

Proposal Specification

• Lock Amount: 10% of Botto's total POL on Ethereum mainnet
• Platform: UNCX V3 Liquidity Locker for Uniswap V3
• Position Type: Full-range Uniswap V3 position (fee tier: 1%)
• Lock Type: Eternal Lock (permanent, non-reversible) — "Lock Eternally" setting on UNCX
• Lock Owner: Botto DAO's designated wallet
• Fee Collection: Trading fees accrue automatically to DAO treasury wallet; any future change to a non-DAO-controlled wallet requires prior DAO approval

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Timeline

Implementation as soon as possible upon approval

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Criteria of Success

Technical:

• Successful eternal lock deployment
• Transparent on-chain verification

Strategic:

• Increased protocol stability and enhanced narrative resonance
• Growing supplemental revenue for Botto
• Broader market recognition and increased trading volume

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Disadvantages/Risks

• Lock permanence: truly irreversible; mitigated by the remaining 90% of POL staying flexible for market adaptation
• Technical complexity: fee collection methodology may need periodic adjustments; any changes require DAO approval