TIP-012 - $500,000 treasury investment into Liquid Driver $LQDR

Voting ended almost 4 years agoSucceeded

How does Liquid Driver work?

When users deposit LP tokens in their farms, they are redeposited in their partners farm to generate yields that are redistributed over time to xLQDR holders.

This virtuous cycle incentivizes holders to lock their earned LQDR, removing the supply from circulation while earning yields farmed by their entire TVL.

Liquid Driver is one of the "Kings" of Liquidity on Fantom Opera Chain.

Buying $500,000 worth of LQDR tokens will allow us to have a 10% discount on an OTC Trade.

We’re already in touch with the Liquid Driver team, and we're planning future collaborations to boost our farms.

These LQDR tokens will staked as xLQDR and this will help us to earn a 60% APR on this investment. These earnings will be used to:

Pay TOR farm rewards
Pay for marketing
Pay for general expenses
Used for buybacks

Vote Below:

Off-Chain Vote

Yes

111.26K 99.9%

67.13 0.1%

Download mobile app to vote

Timeline

Mar 25, 2022Proposal created

Mar 25, 2022Proposal vote started

Mar 26, 2022Proposal vote ended

Oct 26, 2023Proposal updated