SWIP-07: New Balancer Pool and Bond Issuance Proposal

Do you approve of the following changes to SW DAO?

Regarding Balancer Pool creation:

• All existing SWD liquidity, ~$46,000 at the time of publication, will be moved from Sushiswap, Uniswap, and Quickswap to Balancer.
• The Balancer pool will include the assets SW DAO token, SW Yield Fund, Quantum Momentum ETH, and USDC.

Regarding the makeup of the Balancer Pool:

• The initial makeup of the balancer pool priced against SWD will be 40% USDC, 30% SWYF, and 30% QME.
• Category weights are set by the Governance Community, and individual token weights are to be set by the Founding Team.
• 60% of the Balancer Pool will be SW DAO’s products, and 40% will be currency.

Regarding the use of Liquidity Mining funds for Bond issuance:

• The previously allocated 6% of the total supply for Liquidity Mining will be assigned to Balancer Pool Bond issuance.
• The term for the Bonds issued will be 24-months with interest linearly unlocked.
• The Bond interest rate will be a maximum of 40%, with the initial rate set by the Founding Team and changed based on market demand.

To read more about the proposal, see https://forum.swdao.org/t/swip-07-new-balancer-pool-and-bond-issuance-proposal/111