MDP-20.1: MTA/DAI Liquidity Pool Creation

Voting ended almost 5 years agoSucceeded

It is proposed that the mStableDAO uses some of its treasury funds to fund a DAI/MTA liquidity pool, which would bolster MTA liquidity, and offset any reductions to rewards for the MTA/WETH pool being proposed as MDP20.2.

This proposal suggests that the c.2.34m DAI currently held in DAO reserves is put into a liquidity pool with a matching amount of MTA.

Should the mStable DAO use funds to create a liquid MTA/DAI pool as defined in MDP20.1 and as discussed in this forum post?

Off-Chain Vote

Yes, create it on Uniswap

508.65K 70.7%

Yes, create it on SushiSwap

210.59K 29.3%

No, do not create it

0 0%

Abstain

0 0%

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Timeline

Mar 31, 2021Proposal created

Mar 31, 2021Proposal vote started

Apr 06, 2021Proposal vote ended

Oct 26, 2023Proposal updated