Advertisement
Not a member of Pastebin yet?
Sign Up,
it unlocks many cool features!
- POL - Protocol Owned Liquidity
- This proposal is about adding POL on #BSC, mined from the budget. Asking for 300K $SWIFT per month via two separate proposals, 150K each, for 10 consecutive months. The sum amount will be 3,000,000 $SWIFT. The idea is that we will sell half of this amount to $BNB, $LTC, $CAKE and $USDT and add liquidity vs. the other half in $SWIFT/$wSWIFT, and for now only on #PancakeSwap. This liquidity will be added from the multisig address, the owner(s) of the $wSWIFT contract on #BSC, which can later change based on consensus. The funds will be locked as part of the wrapping protocol and can later be unlocked and/or used for other purposes, only through consensus within the community. But ideally, these funds will remain in our liquidity pools forever, in order to support the liquidity of $SWIFT/$wSWIFT in an independent, protocol-based and emotion-less way. I suggest we create our POLs using an infinite range, so there will always be liquidity regardless of the price. At the end of the proposal, we shall have at least 1% of our market cap in POL or protocol owned liquidity, 0.25% in each of the mentioned pairs($BNB, $LTC, $CAKE and $USDT). Please vote yes to both proposals if you agree.
- Important to note:
- 1. We will sell 1.5M $SWIFT at the end of 10 months
- 2. Minimum price we will sell this half will be $0.001 USD
- 3. We will place this liquidity after the entire 3M is mined
- 4. We will place this liquidity after the entire 1.5M is sold
- 5. We will not sell any until the entire 3M is mined
Advertisement
Add Comment
Please, Sign In to add comment
Advertisement