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SAV3SAV3by0xdaEf56Ce18eeA40C40BfCc12Cc80fe110960bd7C0xdaEf…bd7C

Do you want to Reduce Total SAV3 in Liquidity Pool

Voting ended about 5 years agoSucceeded

The pool is getting crowded boys. I want less SAV3 and more ETH. Together we can make a price floor great again

Overview We are constantly growing the liquidity pool. But growing it to what? a stable coin. We need to take action now to tip the scales in the hodlers favor. We keep taking the 4% and we burn the SAV3 and then buy more SAV3 with ETH and burn that to. This will effectively add ETH to our liquidity pool changing the ratio over time to increase price.

Requirements When the 4% tax for liquidity pool arrives truly burn all SAV3. ETH will periodically be used to buy up more SAV3 and burn it. No changes to the 4% for the LP holders.

Off-Chain Vote

Yes
2.91M 99.3%
No
19.68K 0.7%
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Timeline

Nov 18, 2020Proposal created
Nov 18, 2020Proposal vote started
Nov 21, 2020Proposal vote ended
Oct 26, 2023Proposal updated