FORT-0009 Remove Fort Liquidity from Treasury Below Backing
Some have raised a concern that having liquidity below backing dilutes holders, as they can buy from the treasury for less than risk-free-value. Whilst the team currently does not view this as concerning, we would like to have a vote to hear from our community.
If this proposal passes, roughly 90% of the FUSD liquidity will be removed. Liquidity will only be re-added following another proposal.
The team will not be voting on this.
Off-Chain Vote
Yes
18.76K 22%
No
66.52K 78%
Timeline
Jan 16, 2022Proposal created
Jan 16, 2022Proposal vote started
Jan 17, 2022Proposal vote ended
Oct 26, 2023Proposal updated