Approve Meter to pursue strategic swaps with AMPL

Author：shanjiefengyi，Meter Chinese Community Leader

Full details and discussions thus far can be found at:

Proposal from Meter: Conduct token swap with Meter: https://forum.ampleforth.org/t/proposal-from-meter-conduct-token-swap-with-meter/227

Approve Meter to pursue strategic swaps with AMPL: https://forum.meter.io/t/approve-meter-to-pursue-strategic-swaps-with-ampl/103

Summary

Meter proposes a token exchange between $MTRG and $AMPL to facilitate cooperation between the two parties. OTC transaction amount：$100,000 in total, no premium transactions Meter project parties contribute up to $50,000 MTRG AMPL project parties contribute up to $50,000 AMPL

Purpose of Token Exchange

Meter will launch AMPL-MTRG Liquidity pool and AMPL-BUSD flow pool on VoltSwap (Meter’s official launch Dex project), while Voltswap AMPL liquidity pool has already been approved by previous vote.Ampl received will be used for staking rewards on voltswap.

AmplForth will use the MTRG tokens held to pledge in the Meter wallet, and the revenue earned by users covers the AmplForth team’s fees on the Meter chain (mainly the fees incurred by the AMPL protocol for controlling multi-chain tokens through Meter).