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Handling of the extra Eth after Uniswap v3 migration

Voting ended almost 2 years agoSucceeded

A few weeks ago, the DAO approved the migration of the LP tokens it owns from Uniswap v2 to Uniswap v3.

That migration was successful and here are the 2 transactions (we did 2 to de-risk things!):

  • https://etherscan.io/tx/0x1bacce0d28f2b5a206fdbb514e3ede57ebfd3d90f942d9ab96afd0bc67ab2c6b
  • https://etherscan.io/tx/0x5b212d52416bfffa7dd60a5a42318c1518b05f0549b2811d9082bb1b8bfba9fa

As you can see on the links above, since Uniswap v3 is more capital efficient, the DAO has some extra ETH that it can use! This vote is to ask the community what should be done with it!

Off-Chain Vote

Transfer to Timelock/DAO
0 UDT0%
↗ liquidity with Unlock Labs UDT
0 UDT0%
↗ liquidity with Unlock DAO UDT
5 UDT0.1%
Buy back UDT + ↗ liquidity
3.78K UDT99.9%
Other (comment on Discord)
0 UDT0%
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Discussion

Unlock ProtocolHandling of the extra Eth after Uniswap v3 migration

Timeline

Feb 02, 2024Proposal created
Feb 02, 2024Proposal vote started
Feb 09, 2024Proposal vote ended
Feb 12, 2024Proposal updated