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.