As outlined in this forum post, the release of Uniswap v3 means that the mStableDAO should consider migrating liquidity it has on v2 to v3. This motion specifically refers to liquidity in DAI/MTA that was contributed by the DAO after being ratified here by Meta Governors.
Due to this and this vote having failed to reach quorum and provide a conclusive outcome for either range, another brainstorming session was held on the 10th of June by the mStableDAO in order to decide on more concrete numbers, and the group came to the decision that a conservative range between $0.25 and $4 work out best, considering the current price of roughly $1 per MTA token and a resulting 75% buffer in price change upwards and downwards.
It was also decided that once the MTA token price reaches a threshold below $0.50 and above $3 that the position be re-evaluated and a new updated range set for the position to avoid single-sided liquidation of the entire position, and this follow-up proposal is meant to ratify the conclusions made to migrate the position in this way.
Should we migrate the DAI/MTA Uniswap v2 position in the above-mentioned range between $0.25 and $4?