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EvoVersesEvoVersesby0x4082e997Ec720A4894EFec53b0d9AabfeeA44cBEdirtycajunrice.eth

Initial Liquidity Funds Split

Voting ended almost 4 years agoSucceeded

The recent 1USDC depeg events on Harmony eliminated our Treasury of $241K to fund development. We were able to salvage 105K from the initial liquidity pair by quickly bridging over the ONE portion and converting it to USDC on Avalanche.

We need to fund initial liquidity on Avalanche, but we also need to fund development. This vote is to ask the community what that split should be.

Note: In the event that 1USDC re-pegs, we will be able to recover our initial treasury and add the delta.

Off-Chain Vote

25% liquidity | 75% development
16.22M EVO81.3%
50% liquidity | 50% development
2.99M EVO15%
75% liquidity | 25% development
746.82K EVO3.7%
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Discussion

EvoVersesInitial Liquidity Funds Split

Timeline

Jun 25, 2022Proposal created
Jun 25, 2022Proposal vote started
Jun 27, 2022Proposal vote ended
Oct 26, 2023Proposal updated