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closedEnded 2 years ago · Snapshot (Offchain)

TIP061: Threshold x Flowdesk: T Liquidity and beyond

By 0xC635...cA2f11

This is a snapshot temp check. If successful this proposal will move into a DAO Governor Bravo cycle before being successfully ratified by the DAO.

Please read:

This temp check is for the following proposal with option 2 “Threshold to provide 75M T, Flowdesk to run a twap/vwap sell program to fund the other leg used for MM” and the option for the DAO monthly payment to occur with USDC. This partnership will occur with Threshold Treasury Guild oversight meaning any minor adjustments to strategies provided in the proposal can be approved by the Threshold Treasury Guild.

Overview:

Flowdesk is the leading regulated digital assets Market Making as-a-Service infrastructure provider for token issuers, exchanges, and institutions. Our model offers token issuers a fully transparent and capital-efficient approach to managing liquidity on both centralized and decentralized exchanges. We enable our clients to directly manage their own capital, while giving them access to our OTC and execution services supported by our global trading desk.

Our Market-Making as-a-Service model has been designed to improve trust, control, and fairness. We trade with the token issuer’s capital and are compensated with a flat retainer fee, solving for misalignment of incentives. This has several advantages:

  • Full control over the trading strategy
  • Comprehensive set of data & analytics to facilitate reporting
  • On-the-fly parameter adjustment
  • Trade and custody assets with a regulated counterparty
  • Better forecasting of costs

We are not a hedge fund or a prop desk, which gives comfort to our more than 100 clients that we will never trade against them or engage in controversial market behaviors. This is backed by robust internal conflict of interest policies

Full proposal details are available on the governance forum here:

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Connect Wallet to Add Note
0
Votes 6
VoterCast PowerVote & Rationale
0xcE37...6e22Af
125.53M

YES

John Packel
125.53M

YES

0xFEf6...7cFcEc
7.47M

YES

0x378C...076373
1.601M

YES

0x80e8...4a42C5
1.032M

YES

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VOTE POWER
0
Connect Wallet
Proposal Status
  • Tue October 24 2023, 02:40 pmVoting Period Starts
  • Fri October 27 2023, 09:00 pmEnd Voting Period
Current Results

1-YES

261.207M

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