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AdmiralDAOAdmiralDAOby0x398AcAD0585CB4397ad39bC13052c611a63597b5pmsys.lens

AP: We want to deply on Base chain and bridge SAIL token over to it when SAIL is live on L2?

Voting ended over 2 years agoSucceeded
  1. What’s the big idea?

We propose listing Sail Token (SAIL) on the Base Chain to expand its reach, increase liquidity, and foster collaboration within the blockchain ecosystem.

  1. What is the problem you are trying to solve?
  • The current limited trading options for Sail Token hinder its growth potential.
  • Listing Sail Token on the Base Chain will enhance its liquidity and visibility.
  1. Who is this for?

Stakeholders and users include Sail Token holders, the Base Chain community, and potential investors interested in Sail Token.

  1. How might this work?

Sail Token (SAIL) will be listed on the Base Chain with the following details:

  • Token Symbol: SAIL
  • Smart Contract Address: [Insert Contract Address]
  • Token Decimals: [Insert Decimals]
  • Initial Trading Pair: SAIL/ETH or SAIL/USDT
  • Listing Date: [Proposed Date]
  • No new contract deployment is required.
  • Integration with Base Chain’s technology stack.
  1. How might we prototype/test concept desirability and feasibility?

Create a low-cost prototype trading pair on a testnet to gauge user interest and test the technical feasibility of integration.

  1. Suggested Implementation Plan:.
  • Start Date: [Insert Start Date]
  • Milestones:
    1. Proposal Submission and Review
    2. Technical Integration and Testing
    3. Listing on Base Chain
  • Desired Completion Date: [Insert Completion Date]
  • Associated Costs: Minimal development costs for testing; listing fees as per Base Chain’s policies.
  1. Why might this idea fail?

Possible obstacles include regulatory issues, community opposition, or technical integration challenges. 8. How will we measure success? Key performance indicators include increased trading volume, liquidity, and positive community sentiment.

  1. New Terms (optional): None.

Discution phase https://discord.com/channels/844729067311202334/1147494204356952086/1147494204356952086

Temperature check https://discord.com/channels/844729067311202334/1142078406188601497/1148692037231706172

Off-Chain Vote

Yes- for this proposal
13.78K SAIL97.2%
No- for this proposal
395.29 SAIL2.8%
Quorum:1418%
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Discussion

AdmiralDAOAP: We want to deply on Base chain and bridge SAIL token over to it when SAIL is live on L2?

Timeline

Sep 09, 2023Proposal created
Sep 09, 2023Proposal vote started
Sep 14, 2023Proposal vote ended
Jan 30, 2025Proposal updated