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HeliosHeliosby0x265b331C5e6c76B0Eb6fC28D89d4AE17A7Ec719bhelios-hlx.eth

Use treasury funds to provide E280 LPs

Voting ended over 1 year agoSucceeded

The HLX Treasury has several Titanx ecosystem tokens ready to be utilized in creating / adding to HLX Treasuries. While they sit in the investment pool, we can use them to earn yield by providing liquidity in the Element 280 ecosystem, of which HLX is a beneficiary. These tokens will NOT be locked, so that when the DAO decides to use the tokens, the LP can be broken down back to tokens for use.


Vote: Use all ecosystem tokens in investment pool to provide liquidity with ELMNT. These tokens will be held as LP tokens earning trading fees and supporting E280 while we decide what to do with them. We can at any point in the future withdraw our liquidity to utilize them at a later date.

Choices: Yes or No


For more info, see the DAO meeting here: https://www.youtube.com/watch?v=OCmutobFk7c

For additional questions, join telegram: https://t.me/Helios_HLX


Why vote YES: ⚛️Utilizes funds to earn yield through LPs. ⚛️Funds remain liquid, as we can remove LP at any time. ⚛️Supports Element280, of which the HLX investment pool is a beneficiary of (via taxes).

Off-Chain Vote

Yes - Provide LPs
978.86B HLX96.7%
No - Do Not Provide LPs
33.24B HLX3.3%
Quorum:101210535231488%
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Timeline

Dec 15, 2024Proposal created
Dec 15, 2024Proposal vote started
Dec 18, 2024Proposal vote ended
Jan 02, 2025Proposal updated