MIP - 4 (RETROSPECTIVE)

PROPOSAL OUTLINE Migrate the entirety of the DAO owned MOZ-ETH V2 liquidity to a MOZ-ETH V3 position on CamelotDEX.

SPECIFICATIONS With the current growth of the token, it is necessary to support the DAO owned liquidity by migrating the entire POL to a V3 position.

WHY V3?

• Optimize fees
• Increase liquidity depth for swaps
• Adds customizable options for liquidity providers
• Pathes the way for future integrations

The core contributors have already worked in tandem with Camelot to quote and ensure that optimal price ranges will be established for the V3 MOZ-ETH pair.

With approximately $350,000k ($700,000 total liquidity) worth of ETH currently in the pool, the protocol will be taking a conservative approach to quoting price ranges. The goal is to retain as much of the accumulated ETH as DAO owned liquidity, even if there is a significant pullback.

In the future, price ranges can also be altered during different periods of volatility to provide even more capital efficiency for swaps to further optimize fees and liquidity depth.

If approved, the core contributors will migrate ALL V2 liquidity IN PORTIONS as to not impact the trading of MOZ at all.

The same swap fee of 1.5% will still be implemented.

JUSTIFICATION With the infancy of the protocol and DAO, it is in the best interest of the DAO to retain as much of the accumulated ETH as DAO owned liquidity, even if there is a significant pullback.

Concentrated liquidity gives the protocol granular control over what price ranges capital is allocated to.

OVERALL COST Nil.

TIMEFRAME Proposed Discussion - 72 hours (closed) Call Out - 24 hours (closed) Snapshot Voting - 72 hours (ongoing)

STEPS TO IMPLEMENT Upon approval, the core contributors will:

1. Announce the migration date
2. Work with Camelot to establish an ALM vault for additional LP providers to earn incentives (TBD)
3. Migrate V2 liquidity to V3 in batches

Note: The above steps were the proposed intentions of the MozaicDAO.

CONSIDERATIONS Movement to Quadratic Voting.

Quorum threshold (2,000,000 xMOZ) - maintained.