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MEOW DAOMEOW DAOby0x7314F48B229909b088f6C73353A5aB1dbb00385F0xavanti.eth

MIP #16 Revenue Generating opportunity

Voting ended over 1 year agoFailed

TWAP 500 Thousand $MEOW for $USDC

$USDC bridged to OPTIMISM and used to market buy $TLX which is then staked through a multi-signature SAFE wallet for 26 weeks in said projects current Pre-Mainnet "Locker Rewards" programme.

Price per $MEOW = 0.0237 $MEOW Liquidity = $321K est Price Impact if market sold = 7% 500 Thousand $MEOW at Time of Proposal = ~$11,871

Price per $TLX = $0.186 $TLX Liquidity = $611K

Mcap ($519K)

$TLX Lock APR = 226%

https://tlx.fi/ https://docs.tlx.fi/ https://twitter.com/tlx_fi

OP Multi-Sig address = 0xfAD9Ef3026a6480544458629391D8766D925815F

Yield Generated and its USAGE to be decided through future proposals.

Off-Chain Vote

Approve
685.24 MEOW100%
Deny
0 MEOW0%
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Timeline

May 10, 2024Proposal created
May 13, 2024Proposal vote started
May 20, 2024Proposal vote ended
May 20, 2024Proposal updated