Advertisement
msg768

POL - Protocol Owned Liquidity

Jan 17th, 2024 (edited)
40
0
Never
Not a member of Pastebin yet? Sign Up, it unlocks many cool features!
text 1.51 KB | None | 0 0
  1. POL - Protocol Owned Liquidity
  2.  
  3. 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.
  4.  
  5. Important to note:
  6.  
  7. 1. We will sell 1.5M $SWIFT at the end of 10 months
  8. 2. Minimum price we will sell this half will be $0.001 USD
  9. 3. We will place this liquidity after the entire 3M is mined
  10. 4. We will place this liquidity after the entire 1.5M is sold
  11. 5. We will not sell any until the entire 3M is mined
Advertisement
Add Comment
Please, Sign In to add comment
Advertisement