SIP-00048: Adjusting SHARK LP

Purpose

Adjust our LP to collect more revenue for the DAO and provide a smoother entrance

Summary

• The multisig will move the LP in the near future at their discretion
• The multisig may add up to 10 ETH and equivalent $SHARK to the LP

Details

This proposal gives the multi-sig authority to move the DAO's liquidity in our Sushiswap LP over to Uniswap. As Juicebox is currently closed, this represents the only entrance method into SharkDAO. Uniswap allows our DAO to capture better fee's (1%) on the liquidity we provide.

Additionally, the multisig may add up to 10 ETH more to the LP. This is to allow for bigger positions to enter into the DAO.

Risks

• Uniswap ends up being worse for us in some manner than Sushiswap