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GelatoGelatoby0xAabB54394E8dd61Dd70897E9c80be8de7C64A895gelatodev.lens

[Liquidity]: Bootstrapping Uniswap v3 liquidity using G-UNI via Olympus Pro

Voting ended over 4 years agoSucceeded

For more context about the specifics of this proposal, please check this forum post:

https://forum.gelato.network/t/making-gel-liquid-bootstrapping-uniswap-v3-liquidity-on-ethereum-using-g-uni-via-olympus-pro/325

TLDR:

Use 6,310,350.00 GEL (3%) from the Gelato DAO treasury to execute the outlined liquidity provision strategies.

The first strategy will be to start the process of developing "Protocol Owned Liquidity" controlled by the Gelato DAO via Olympus Pro on Ethereum Mainnet using G-UNI as LP tokens. This will make the GEL / ETH trading pair on Uniswap v3 more liquid and enables people to trade GEL with less slippage.

Afterwards, more liquidity enhancing strategies will be outlined and can be voted upon separately.

Question:

Should Gelato DAO execute the outlined liquidity provision strategies?

Off-Chain Vote

Yes
2.91M 100%
No
0 0%
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Timeline

Dec 03, 2021Proposal created
Dec 04, 2021Proposal vote started
Dec 07, 2021Proposal vote ended
Oct 26, 2023Proposal updated