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Synapse ProtocolSynapse Protocolby0x0AF91FA049A7e1894F480bFE5bBa20142C6c29a9aureliusbtc.lens

[SIP-09]: SYN Token Loan for Market Making

Voting ended about 4 years agoSucceeded

Context & full proposal: https://forum.synapseprotocol.com/d/41-sip-9-syn-token-loan-for-market-making

Summary:

  • The Synapse DAO would extend a 12-month loan of 3m SYN to Amber for market-making purposes.
  • Amber will provide liquidity on the following exchanges if/when Synapse is listed on them: Binance, Coinbase, Gate, Huobi, Kucoin, Okex. Amber will also cover Uniswap and Sushiswap, but their priority will be to maintain deep CEX liquidity.

A vote “For” of this proposal approves the loan to Amber.

A vote “Against” this proposal rejects the loan to Amber.

Off-Chain Vote

For
11.38M 100%
Against
0 0%
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Timeline

Mar 18, 2022Proposal created
Mar 18, 2022Proposal vote started
Mar 20, 2022Proposal vote ended
Oct 26, 2023Proposal updated