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Proposal #37

Transfer 6M ARCH to Liquidity Council mSig

PassedCommunity Pool Spend Proposal

Passed on 27 Feb 2024 with 89.7% of the votes for yes.

Yes

89.7%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

27 Feb 2024

The ballotvotes cast · final tally
Yes

89.72%

of votes cast

Abstain

10.28%

of votes cast

No

0.00%

of votes cast

Veto

0.00%

of votes cast

This proposal seeks to receive 6,000,000 ARCH to provide the Liquidity Council with the funds necessary to comply with proposal #32, which established a budget increase of $1,000,000 worth of ARCH and that existing liquidity recipients be topped up to the new 300k USD limit set.

The amount of ARCH was calculated based on a 7-days TWAP and rounded to 6M. The funds will be dispersed directly to the Liquidity Council mSig.

Timeline

  1. Submitted20 Feb 2024
  2. Voting started20 Feb 2024
  3. Voting ended27 Feb 2024
  4. Deposit deadline05 Mar 2024

Proposer

Address
Deposit5.0K

Rules

Not recorded for this proposal.