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CabinCabinby0x282173335ae1F328b34Eb9Acadc052E59E70A89fdfmerin.eth

Should we set up a supplemental Uniswap v2 pool as a backstop to ensure there is ample two sided liquidity by month end?

Voting ended about 4 years agoSucceeded

As the liquidity proposal shared in Clarity (https://app.clarity.so/cabin/notes/2b24f873-eaff-46a8-a800-1ab3cce6362a) is a medium term strategy and we have near term liquidity needs, it could make sense to provide two sided liquidity in the very near term in the likely event that it takes more than two weeks for our full strategy to play out.

At the current price, this would require 2,273 ​​₡ABIN and 10 ETH, which we would need to purchase with USDC in the treasury as we do not currently hold sufficient ETH in the treasury to cover this.

Note: the current price is the same in ETH terms as when we did the Treasury diversification, though the dollar value of ETH has fluctuated.

Off-Chain Vote

Yes
36K 100%
No
0 0%
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Timeline

Jan 17, 2022Proposal created
Jan 18, 2022Proposal vote started
Jan 20, 2022Proposal vote ended
Dec 23, 2025Proposal updated