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DAppNodeDAODAppNodeDAOby0x826976d7C600d45FB8287CA1d7c76FC8eb732030divinecomedian.eth

50k Token Swap xNODE <> GIV

Voting ended almost 4 years agoSucceeded

As per https://forum.dappnode.io/t/50k-token-swap-xnode-giv/1473

We're proposing to swap 50k DAI worth of xNODE for 50k DAI worth of GIV and to pair with a further ~50k of xNODE to create a GIV/xNODE LP. The LP tokens will be held by the DappNode DAO.

Actual token amounts were obtained from a 7 day price average between Feb 21-27 via CoinGecko for GIV and NODE. Along with proposed advice from Lanski we'll provide a further matching amount of NODE to create a GIV/NODE LP on Honeyswap with the provided GIV tokens.

https://docs.google.com/spreadsheets/d/1rVCC8w61tL1CZbPVi1Ebyc-t97mElZvp1iX1Bm4FxHs/edit?usp=sharing

191,313.94 NODE will be swapped for 124,230.55 GIV and a further 191,313.94 NODE will be provided to create the Honeyswap LP token, funds will be obtained from the DAO Treasury.

NODE will be sent to the Giveth Liquidity Safe on Gnosis Chain - 0xf924fF0f192f0c7c073161e0d62CE7635114e74f

Off-Chain Vote

Yes! DAO it.
369.69K 78.2%
No.
102.91K 21.8%
Abstain
0 0%
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Timeline

Mar 04, 2022Proposal created
Mar 04, 2022Proposal vote started
Mar 09, 2022Proposal vote ended
Aug 12, 2025Proposal updated