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Velora DAOVelora DAOby0x3b4512e84017EC2dbc24e97006b47318807E1d3F0x3b45…1d3F

ParaSwap Safety Module - Liquidity Component 🛡️🌊

Voting ended about 4 years agoSucceeded

This proposal suggests adding a layer to ParaSwap’s Safety Module. Unlike the first two ones, this layer will be funded by user deposits incentivized by a PSP budget supplied from the Ecosystem Reserve. It will help to further establish ParaSwap as the safest DEX aggregator, as well as diversify and grow PSP’s liquidity.

Make sure to understand the proposal before expressing your vote.

The current Safety Module (two layers) is documented here: https://doc.paraswap.network/psp-token-and-governance/fees-usage-safety-module

You’ll find additional information about this proposal in the following post: https://medium.com/paraswap/paraswap-safety-module-liquidity-component-%EF%B8%8F-11baea5c8147

--- MEDIUM POST --- https://medium.com/paraswap/paraswap-safety-module-liquidity-component-%EF%B8%8F-11baea5c8147

--- Discussions --- https://paraswap.io/discord

Off-Chain Vote

For
10.21M 98.9%
Against
110.77K 1.1%
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Timeline

Nov 28, 2021Proposal created
Nov 28, 2021Proposal vote started
Dec 01, 2021Proposal vote ended
Oct 26, 2023Proposal updated