RGP-7: Using DAO assets to LP

Voting ended about 4 years agoSucceeded

With the Uniswap V3 liquidity mining program in RGP-4 2 ending, there will be less incentive for LPs to provide liquidity on Uniswap. This proposal puts forward the idea for the DAO treasury to provide liquidity for the RBN/ETH Uniswap V2 pool, being the LP of last resort. The ETH and RBN required for the LP position will be put up by the DAO’s multisig.

Full post here: https://gov.ribbon.finance/t/rgp-7-using-dao-assets-to-lp/433

Off-Chain Vote

Yes. LP RBN/ETH

4.25M 87.3%

No / Defer

618.81K 12.7%

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Timeline

Dec 06, 2021Proposal created

Dec 07, 2021Proposal vote started

Dec 08, 2021Proposal vote ended

Oct 26, 2023Proposal updated