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TaoPadTaoPadby0xF7620eBaFce9fE9700AB78Ff3b75e5Dc6b624F660xF762…4F66

More wTAO liquidity on Arbitrum

Voting ended about 2 years agoSucceeded

This proposal is to decide IF TaoPad should add liquidity to the wTAO/wETH LP via our Layer Zero bridge to Camelot on Arbitrum.

If the vote passes with any of the YES options, 40% of the taxes will be utilized to add to the LP until a certain goal is reached.

If the vote does not pass with one of the YES options, the taxes will continue to be used as outline in our documentation.

PROS: TaoPad will earn swap fees and LP incentives, which are used to increase rewards to TPAD holders

CONS: Less TAO (relatively) will be staked until liquidity goals are met

Off-Chain Vote

YES, increase LP to 50k
2.58K TPAD6.5%
YES, increase LP to 75k
20.5 TPAD0.1%
YES, increase LP to 100k
37.32K TPAD93.5%
NO, do not add Liqudity
0 TPAD0%
Download mobile app to vote

Timeline

Dec 28, 2023Proposal created
Dec 28, 2023Proposal vote started
Dec 31, 2023Proposal vote ended
Dec 31, 2023Proposal updated