Purpose: This vote is to establish which, if any, side chain gets 50% of Trisms liquidity.
Background: From early December 2021, the liquidity placed into lock via Unicrypt locker will be 'unlocked' giving some options re: the pool. My original thought was simply to move this all to Univ3 (1% fee threshold given Trism is classed as exotic) on ETH main, however, the community has shown interest in having Trism also available on a L2 (side chain) to reduce fees and potentially give more options. As such I've created this vote to see if there is interest in establishing a liquidity pool on one of the major chains with 50% of the available liquidity from the unlock. Regardless of vote outcome 'at least' 50% of the liquidity that is unlocked will be migrated to Univ3 LP on ETH main at 1% trade fee.
Who owns liquidity: When the project launched via airdrop, no funds were raised. Any funds from NFT sales have been used by the project wallet buy-back Trism (as part of preparing for LP farming distribution). As such, 95.8% of the current Uniswap liquidity i.e. all of the locked liquidity (with the exception of 15,000 trism belonging to the project) was funded by me personally i.e. it does not belong to the project.
I will be transferring the 15,000 Trism back to the project wallet as part of this liquidity migration. That said, as founder I'm obviously committed to Trisms long-term progression and it makes no sense to withdraw it, indeed I'm happy to lock it again for another year when migrated if that makes people feel comfortable.
So this vote is to establish holders preference which (if any) chain to migrate 50% of the liquidity. Vote now!
Off-Chain Vote
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- Author
dgen.eth
- IPFS#QmVyym8Y
- Voting Systemsingle-choice
- Start DateNov 13, 2021
- End DateNov 30, 2021
- Total Votes Cast113.31K
- Total Voters8
Timeline
- Nov 13, 2021Proposal created
- Nov 13, 2021Proposal vote started
- Nov 30, 2021Proposal vote ended
- Dec 10, 2024Proposal updated