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closedEnded 4 years ago · Snapshot (Offchain)

Withdraw ROBOT/ETH LP tokens from Balancer Pool

By 0x8F94...FEeCb5

I think we should withdraw our ROBOT/ETH from our Balancer liquidity pool (35 ETH, 10k ROBOT) since it doesn’t have much volume right now and we could use the capital to help fund the new initiatives and proposals that have been coming in. It will maximize the amount of ROBOT we “bought back” which we can use to extend the runway for distributions. Additionally, if we believe ROBOT has mostly bottomed out, we would retain more exposure to ROBOT. The impact on core contributors being able to cash out is not as critical since we have started stablecoin payments to help during the bear market.

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Votes 9
VoterCast PowerVote & Rationale
0x8F94...FEeCb5
3,179

Approve

0xC50C...7E6F85
2,000

Approve

0xBf16...27f64f
1,200

Approve

0xF8e4...92Ac52
1,043

Approve

0x7992...9C22F7
977

Approve

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VOTE POWER
0
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Proposal Status
  • Tue August 02 2022, 07:03 pmVoting Period Starts
  • Fri August 05 2022, 07:03 pmEnd Voting Period
Current Results

1-Approve

9,221.116

91.23%

2-Reject

886.748

8.77%
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