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Nation3 DAONation3 DAOby0xBAC3aB60a1643E5f5De8Eb62Cb4bb232711D9DcD3.nation3.eth

N3GOV-47: Allow Ops Guild to manage the DAO’s liquidity provision and other matters

Voting ended almost 3 years agoSucceeded

Summary

  • Transfer the Balancer LP tokens that the DAO owns to the Ops Multisig (prev. Meta Guild multisig)
  • Allow the Ops Multisig to provision NATION liquidity in different DEXs and cover listing fees in CEXs, under the Ops Multisig's members discretion

Context

NATION liquidity cannot be an afterthought. NATION is key for sustainability as well as incentive-alignment, and it will be paramount as we keep doing token swaps with other prospective users (DAOs).

Taking every small decision through the DAO's governance is cumbersome, and it's also not time-efficient. Many of these tasks are time-sensitive, so it makes sense for a multisig to perform them.

North Star metric alignment

This proposal -> Healthier NATION liquidity -> Sustainability for the Nation3 DAO (which is largest NATION holder)

PR is present at https://github.com/nation3/gov-proposals/pull/68

Off-Chain Vote

Approve
11.48 veNATION100%
Reject
0 veNATION0%
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Discussion

Nation3 DAON3GOV-47: Allow Ops Guild to manage the DAO’s liquidity provision and other matters

Timeline

Jun 13, 2023Proposal created
Jun 13, 2023Proposal vote started
Jun 15, 2023Proposal vote ended
Oct 26, 2023Proposal updated