closedEnded 4 years ago · Snapshot (Offchain)
Water: 5 Token Swaps in 1 & an Index Token to Boot!
By 0xaa79...F98737Continue Reading
TL;DR Each of these DAOs
1Hive
Shapeshift
BrightID
Giveth
Maybe Opolis
Us!
Would put in 100k in their token into a multisig and then, if all 6 groups put in $100k, 600k $WATER would be minted and then paired with each token in a Honeyswap LP. No other $WATER would be minted.
This would allow each DAO to have a nice liquidity boost, while also creating a $WATER token that effectively acts as an Index of all the DAOs.
It’s a 5 way token swap that also creates an index token that can potentially give additional upside!
This is however an untested model… Defi is a crazy place and even though it seems like a great idea to me, by participating, we would be blazing a trail that hasn’t been walked before.
More detailed post: Here
Connect Wallet to Add Note
0Votes 12
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x8393...6F0780 | 70,508 | Yes |
 0xaa79...F98737 | 20,214 | Yes |
 0xC46c...3823F4 | 14,455 | Yes |
 0x809C...8F7714 | 11,243 | Yes |
 0x8269...732030 | 9,012 | Yes |
VOTE POWER
0
Connect Wallet
Proposal Status
- Thu April 14 2022, 03:18 pmVoting Period Starts
- Mon April 18 2022, 03:20 pmEnd Voting Period
Current Results
1-Yes
144,682.457