PSP-IPΔ14 - Allocate 1,000,000 PSP to Bancor POL
Following the governance discussion regarding the additional addition of 1,000,000 PSP to the Bancor POL this Proposal is being put up to vote to fulfill the following objectives: Increase Protocol Owned Liquidity, Allow for larger orders in PSP, Increase PSP Volume, and Increase the PSP-Bancor Revenue Stream.
We hereby submit the execution of the Allocation of 1,000,000 PSP into the Bancor Liquidity Vault to a vote. PSP-IPΔ14 funding would be sourced from the PSP POL Budget.
The Proposal can be found here: https://gov.paraswap.network/t/psp-ip-14-allocate-1-000-000-psp-to-bancor-pol/695 The 2022 DAO Budget (Revised) can be found here: https://gov.paraswap.network/t/psp-bp-1-paraswap-dao-budget-for-2022/614/11
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 Enerow.eth | 2.696M | For - Add 1M PSP to Bancor POL |
 0x5f9a...98305E | 226,346 | For - Add 1M PSP to Bancor POL |
 0x2b4a...Ba49E9 | 200,001 | For - Add 1M PSP to Bancor POL |
 0x19fD...165657 | 197,522 | For - Add 1M PSP to Bancor POL |
 0xC399...d5D7b4 | 188,653 | For - Add 1M PSP to Bancor POL |
VOTE POWER
Proposal Status
- Sun March 20 2022, 09:35 pmVoting Period Starts
- Fri March 25 2022, 09:30 amEnd Voting Period
Current Results
1-For - Add 1M PSP to Bancor POL
6.548M
2-Against
329,548.723
3-Abstain
220,153.54