closedEnded 4 years ago · Snapshot (Offchain)
SIP-00048: Adjusting SHARK LP
By 0xE3f2...75967DContinue Reading
Purpose
Adjust our LP to collect more revenue for the DAO and provide a smoother entrance
Summary
- The multisig will move the LP in the near future at their discretion
- The multisig may add up to 10 ETH and equivalent $SHARK to the LP
Details
This proposal gives the multi-sig authority to move the DAO’s liquidity in our Sushiswap LP over to Uniswap. As Juicebox is currently closed, this represents the only entrance method into SharkDAO. Uniswap allows our DAO to capture better fee’s (1%) on the liquidity we provide.
Additionally, the multisig may add up to 10 ETH more to the LP. This is to allow for bigger positions to enter into the DAO.
Risks
- Uniswap ends up being worse for us in some manner than Sushiswap
Connect Wallet to Add Note
0Votes 34
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x5306...523Fe4 | 15.295M | ABSTAIN |
 0x021e...F3F4e4 | 15.23M | FOR |
 0xF333...572732 | 10.881M | FOR |
 0x28b8...E327a7 | 4.148M | FOR |
 0xB339...B52C95 | 3M | FOR |
VOTE POWER
0
Connect Wallet
Proposal Status
- Tue May 10 2022, 04:09 pmVoting Period Starts
- Tue May 17 2022, 04:00 pmEnd Voting Period
Current Results
1-FOR
41.937M
2-ABSTAIN
15.696M
3-AGAINST
1,045.396