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Sequoia DAOSequoia DAOby0xaA01dD01ea027C3880204caA7572101B34baD366ncrypt30.eth

MEV BOT PROPOSAL

Voting ended over 3 years agoSucceeded

Afternoon ladies & gents.

As most of you know KM has been doing a coding course over the past few months. He has found an opportunity that would benefit us and he can also code it to work.

Below i have put some information on the MEV bot he has looked into, and i think that it is worth a shot.

We would be required to front up 0.5 eth from treasury, however i have $500 USDC in this wallet that also belongs to treasury that i was using to DCA into BTC to stake, however i can convert to ETH, therefore we only need like $200 extra.

We have been very calm in our moves, not lost any money in this entire bag of crap and in fact gained money. It may not work and we may end up losing 0.5 Eth, but the R/R i think is worth the risk.

7-9% daily is the average return, compounded brings out some big numbers even starting with 0.5 Eth. If it works we can chuck more in later.

2 options:

Yes No

over 50% of counting votes are required to pass.

image

Off-Chain Vote

Yes
5 ETH83.3%
No
1 ETH16.7%
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Timeline

Oct 05, 2022Proposal created
Oct 05, 2022Proposal vote started
Oct 06, 2022Proposal vote ended
Oct 26, 2023Proposal updated