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MetaFactoryMetaFactoryby0x8F942ECED007bD3976927B7958B50Df126FEeCb5metadreamer.eth

Withdraw ROBOT/ETH LP tokens from Balancer Pool

Voting ended over 3 years agoSucceeded

I think we should withdraw our ROBOT/ETH from our Balancer liquidity pool (35 ETH, 10k ROBOT) since it doesn’t have much volume right now and we could use the capital to help fund the new initiatives and proposals that have been coming in. It will maximize the amount of ROBOT we “bought back” which we can use to extend the runway for distributions. Additionally, if we believe ROBOT has mostly bottomed out, we would retain more exposure to ROBOT. The impact on core contributors being able to cash out is not as critical since we have started stablecoin payments to help during the bear market.

Off-Chain Vote

Approve
9.22K ROBOT91.2%
Reject
886.75 ROBOT8.8%
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Discussion

MetaFactoryWithdraw ROBOT/ETH LP tokens from Balancer Pool

Timeline

Aug 02, 2022Proposal created
Aug 02, 2022Proposal vote started
Aug 05, 2022Proposal vote ended
Apr 17, 2025Proposal updated