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StarSeeds DAOStarSeeds DAOby0xF60De76791c2F09995df52Aa1c6e2E7DcF1E75d7starseeds-protocol.eth

Burning STARV4 LP Tokens

Voting ended over 1 year agoSucceeded

This proposal is the first in a series designed to determine STARV4's foundational liquidity pools.

Foundational LPs must utilize infinite range algorithms that automatically compound swap fees in order to be considered for approval.

This includes QuickSwap V2, Balancer V2 Weighted, DodoX V2, and Curve V2 CryptoSwap type pools.

Once approved via DAO vote, StarSeeds Protocol POL Foundational LP Tokens will be burned via transfer to the address 0x000000000000000000000000000000000000dEaD.

By burning LP Tokens, StarSeeds Protocol makes that liquidity as permanent and immutable as the Polygon Blockchain. Doing this broadcasts and guarantees a growing liquidity base for STARV4, which then allows for other protocols to utilize STARV4 as a long-term LP partner.

Up for approval this round are the following LPs. STARV4-WMATIC @ Quickswap V2 -$3,000 STARV4-WETH @ Quickswap V2 - $2,000 STARV4-WBTC @ Quickswap V2 - $2,000 STARV4-GHST @ Quickswap V2 - $2,000 STARV4-USDT @ Quickswap V2 - $2,000.

Each of the 5 above pools contain 50% STARV4 and 50% of one of the 5 primary tokens backing STARV4. With a total value of $11,000.

View STARV4 Quickswap LP analytics at https://quickswap.exchange/#/analytics/v2/token/0x61ffe097137d543f019f5257e1a1ff7a6c5f0b68

Learn more about the StarSeeds Protocol at https://docs.sdao.pro/

Learn more about STARV4 at https://mirror.xyz/starseeds-protocol.eth/KM0i4sZo4TE45_JsZZ9rg8Jl3-I6Lf7K7Yv7muWI5RI

Off-Chain Vote

Approve All
123.42K STARSEEDS100%
Deny All
0 STARSEEDS0%
Further Discussion Required
0 STARSEEDS0%
Deny Burning POL LP tokens
0 STARSEEDS0%
Quorum:1234%
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Timeline

May 23, 2024Proposal created
May 24, 2024Proposal vote started
May 29, 2024Proposal vote ended
Dec 22, 2025Proposal updated