WATER: Exit Proposal

This proposal is about formally exiting the WATER initiative contingent on a community vote for the TEC to migrate to Optimism. This would mean withdrawing liquidity of ~38k $TEC, equivalent to $16,300 USD, from WATER and paying a 15% penalty, which amounts to 5,700 $TEC or $2,451 USD as of Oct 31st. These figures may shift.

Read the full proposal here: https://forum.tecommons.org/t/water-exit-proposal/1310