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Symbiosis DAOSymbiosis DAOby0x04fDE790D26Da69AA9178249EAD6863977684e9D0x04fD…4e9D

What is the Best Way to Spend the Grant Received from Kava

Voting ended almost 3 years agoSucceeded

Context

Recently, Symbiosis has expanded into Kava: a Layer-1 blockchain that combines EVM and Cosmos in a single, scalable network. In recognition of these efforts, Kava has granted Symbiosis a tranche of tokens for further development.

Proposal

Spend the grant received from Kava most efficiently.

Options that we see:

  • Put the grant into Octopool (the liquidity pool that is used for cross-chain operations), the Kava's direction.
  • Use the grant to pay boosted rewards to liquidity providers for the Kava’s direction. It may attract more liquidity to Octopool.
  • Other: we are open to hearing your suggestions.

Off-Chain Vote

Add to Octopool
56.93K veSIS86.9%
Spend for rewards
8.55K veSIS13.1%
Other
0 veSIS0%
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Timeline

Mar 13, 2023Proposal created
Mar 13, 2023Proposal vote started
Mar 16, 2023Proposal vote ended
Oct 26, 2023Proposal updated