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WaifusionWaifusionby0x08D816526BdC9d077DD685Bd9FA49F58A5Ab8e48kiwi.eth

Migrate WET Liquidity to Uniswap V3

Voting ended over 4 years agoSucceeded

This is a proposal for the community to migrate the liquidity for WET token to Uniswap v3 to improve the effectiveness of the liquidity, and make it more attractive for liquidity providers.

Motivation

While we have swapped liquidity from Uniswap v2 to Sushiswap in the past, this was in hopes of receiving Onsen rewards from Sushiswap. Unfortunately this did not come into fruition, and due to the high utility of WET, it still faces a liquidity problem.

A change to Uni v3 would make the provided liquidity several degrees more effective, provide a more suitable market for WET, and make providing liquidity much more attractive than it is currently.

While Liquidity Providers are their own actors, creating a vote for it allows everyone to be informed on and agree to the change.

Decision

Yes - The community should agree to migrate their liquidity to Uniswap v3. No - The community should not migrate their liquidity and stay on Sushiswap.

Off-Chain Vote

Yes - Migrate
953 99.9%
No - Don't Migrate
1 0.1%
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Timeline

May 31, 2021Proposal created
May 31, 2021Proposal vote started
Jun 02, 2021Proposal vote ended
Oct 16, 2025Proposal updated