SWIP-05: The Polygon Proposal, Balance Sheet Clean-Up, and Liquidity Optimization Plan

SWIP-05 proposes: Do you approve of the following changes to SW DAO?

• The monthly USDC dividend will be airdropped solely via the Polygon network beginning on March 1st. February 1st will be a hybrid Layer 1/Layer 2 dividend airdrop acting as a grace period for non-bridged token holders. The dividend multiplier will be unaffected by all who bridge to Polygon. The 100 SWD token hurdle will be removed beginning February 1st for all Polygon network SWD holders.

• SW DAO Treasury will convert 41.84% of total assets to ETH, 23.26% of total assets to SWAP, 23.26% of total assets to SWYF, and 11.63% of total assets to MATIC.

• SWD token liquidity will be distributed 70% in a new Polygon Balancer Pool with SWAP/SWYF/ETH/MATIC, and 30% on Uniswap, Sushiswap, and Quickswap for SWD-ETH pairing.

To read more about the proposal, see https://forum.swdao.org/t/swip-05-the-polygon-proposal-balance-sheet-clean-up-and-liquidity-optimization-plan/74

All three changes outlined above will be approved or denied in a single vote. ‌Governance participants will select one of the following two options:

1. Yes
2. No