Proposal

This proposal extends TIP-52 to grant TreasureDAO contributors until the end of Q4 to manage liquidity positions on behalf of the DAO. This proposal does not authorize contributors to reassign tokens from liquidity provision to the ecosystem fund. Instead, it grants flexibility to contributors to balance cross-chain positions and maintain stable liquidity for MAGIC. All existing funds used for MAGIC liquidity will be reassigned to positions as needed.

Implementation

TIP-52 granted contributors the ability to move liquidity positions between chains to help the community transition to a new home after the Treasure Chain shutdown. TIP-52 is available here: https://forum.treasure.lol/t/tip-52-temporary-authority-for-pol-management-and-chain-wind-down/155

Contributors will reuse all existing tokens held in moved liquidity positions rather than assign these tokens to new allocations, such as the ecosystem fund.

Rationale

Treasure aims to consolidate liquidity and ensure sustainable management of MAGIC positions across supported chains.