LEVERAGE INU LIQUIDITY : TIME TO HAVE YOUR SAY

Hi Levi Holders,

We hope by now you’ve had a chance to read and digest the Medium article we posted yesterday afternoon. We are now inviting the DAO to vote on the following proposal :

For how long, and upon what terms, shall liquidity be locked for upon expiry of the current lock (3 December 2022)?

As with the prior vote, results shall be counted commensurate to the weight of each voters holdings in $LEVI.

If you haven’t had a chance to, then we would strongly urge you please do not to exercise your vote to the below proposal until you have read the Medium (link below) in order for you to understand the rationale behind the options.

https://medium.com/@leverageinu/leverage-inu-liquidity-time-to-have-your-say-7947acf40fc8

This vote will be open until 5:00 P.M UTC Sunday 27 November. This is to give as many of you as possible a chance to exercise your vote and additionally discuss with the team across their social media platforms any questions you may have.
We have discussed with some community members the terms of the proposal and they have so far been warmly received. In terms of counter-proposals, we only had one suggestion, which was to lock liquidity for 4 consecutive periods of 3 months, with the team reclaiming their initial liquidity on a pro-rata basis (5ETH per quarter, with a corresponding burn in $LEVI each time). The team has discussed this and has not included it in the list of proposals upon which you will be voting because we believe it is over-complication.

Finally, in the short time since the publication of the above Medium article, the team has made very good progress on adding a trusted independent third party to our multi-signature and is very hopeful that this will be in place ahead of the lock that is the subject of this proposal.

With that said, we want you to vote on this proposal and among the 4 options, opt for what you think should be the desired course of action; thank you all in advance for taking part in this vote!

~Team Levi