Mintoby
0xc809…61ea
Vote #11: Utilizing Part of the Treasury Funds to Support $BTCMT Liquidity
Proposal Objective: In response to community requests, we propose to allocate up to 1.5 BTC from the Treasury fund to support the liquidity of the $BTCMT token, with the goal of improving price stability and increasing the project's overall yield.
Action Plan:
- Use of Funds: The funds will be used to support comprehensive liquidity and price stability of $BTCMT, including:
- Adding liquidity on decentralized exchanges (DEX), such as PancakeSwap (e.g., in the BTCMT/USDT pair);
- Adding liquidity on centralized exchanges (CEX), where appropriate and technically feasible;
- Conducting targeted market operations to buy back $BTCMT tokens from the open market if necessary to stabilize the price.
The allocation of funds between these activities will be dynamic, depending on the current market conditions, for the purpose of maintaining token stability and maximizing the benefit to the community.
- Gradual Implementation: Liquidity will be added gradually over a period of 60 days to minimize the market impact.
Expected Outcomes:
- Reduced token price volatility through increasing trading pools’ depth;
- Protection against sharp price drops caused by large sell-offs;
- Increased $BTCMT liquidity on major trading platforms;
- Growth of project revenue through trading fees and support of the token’s market price.
Transparency: All liquidity operations will be executed through smart contracts and will be publicly trackable on the blockchain. To reduce the risks associated with MEV bots and sniping on exchanges, liquidity operations will be conducted through multiple addresses. Information about these addresses will be provided upon community request or shared during regular public updates to ensure the security of operations.
Liquidity Management Flexibility: If necessary (e.g., for implementing new Community decisions or optimizing Treasury operations), part of the liquidity funds may be withdrawn. Withdrawn tokens and assets will be returned to the Treasury and used according to future community decisions.
Potential Continuation: If the results of this initiative are successful, we may adopt a strategy that incorporates the regular allocation of Treasury funds for liquidity support on an ongoing basis through future votes.
Voting Details: Voting platform: https://vote.minto.finance/#/ Voting period: 02/05/2025 – 07/05/2025, 11:00 UTC. Quorum: More than 51% "YES/FOR" votes are required for approval. Participation: All token holders are eligible to vote, including those with tokens in staking and auto-farming contracts.
How to Vote: Connect your wallet to the voting platform. Select "Yes" or "No". Confirm your vote.
If you have any questions or need more information, please join our Telegram community: @btcmtofficialchat.
Off-Chain Vote
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- Author
0xc809…61ea
- IPFS#bafkreid
- Voting Systembasic
- Start DateMay 02, 2025
- End DateMay 07, 2025
- Total Votes Cast1.03M BTCMT
- Total Voters111
Timeline
- Apr 29, 2025Proposal created
- May 02, 2025Proposal vote started
- May 07, 2025Proposal vote ended
- May 07, 2025Proposal updated