Proposal
Propose that Artis close the existing SHU / USDC.e position and open a new SHU / WXDAI pool/position on Swapr v3 on Gnosis Chain
Implementation Process
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Artis will redeem the NFT for Swapr Position 296 for the underlying assets
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Artis wil swap all USDC.e for WXDAI
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Artis will create a new SHU / WXDAI pool/position on Swapr v3 (at market price, with trading range of 0 to infinity).
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Artis will transfer the NFT for the new Swapr Position and any remaining SHU and/or WXDAI to the Safe on Gnosis Chain controlled by Shutter (once testing of the Safe has been completed)
Raitionalle
On 16 July 2024, Artis set up a new SHU / USDC.e pool/position on Swapr v3 on Gnosis Chain. Since then, members of the Shutter Network have experienced difficulties buying/selling SHU due to low USDC.e liquidity on Gnosis Chain.
Artis originally deployed a SHU / USDC.e pool because USDC.e is a canonical bridged USDC token. See: https://x.com/gnosischain/status/1800565095065641409. Although USDC.e will likely be the most commonly used USDC token on Gnosis Chain in the future, it has not achieved significant liquidity to date.
Closing the existing SHU / USDC.e position and opening a new SHU / WXDAI pool/position on Swapr v3 will improve the trading experience for those buying/selling SHU on Gnosis Chain.
Background
Forum Discussion 1: Shutter DAO 0x36 Proposal Deploy a SHU/USDC Pool in Swapr V3 on Gnosis Chain
“Temp Check” on Snapshot: Snapshot
Forum Discussion 2: Final Proposal to deploy a SHU/USDC pool in Swapr V3 on Gnosis Chain
Decent Vote: Proposal 22: Deploy a USDC/SHU pool in Swapr V3 AMM (Gnosis) https://app.decentdao.org/proposals/22?dao=eth:0x36bD3044ab68f600f6d3e081056F34f2a58432c4 ## Addresses
Token Addresses
SHU on Gnosis Chain: 0x8CCd277Cc638E7e17F8100cE583cBcEf42007Dca
USDC.e on Gnosis Chain: 0x2a22f9c3b484c3629090FeED35F17Ff8F88f76F0
WXDAI on Gnosis Chain: 0xe91d153e0b41518a2ce8dd3d7944fa863463a97d
Wallet Addresses
Artis address on Gnosis Chain: 0xe765816e64Af6F50A7E629198492B22ad38467DC
Safe on Gnosis Chain controlled by Shutter DAO 0x36 (via oSnap): 0xb2902572F50d05Ba7EF5F86f1eF42DcD267Bc935
Platform
Snapshot (If passed, this proposal will not trigger an onchain transaction. However, it provides instructions for Artis to execute the onchain transactions set out above.)
Voting Options
Vote “FOR” to if you support closing the existing SHU / USDC.e position and opening a new SHU / WXDAI pool/position on Swapr v3 on Gnosis Chain
OR
Vote “AGAINST” if you do not support this proposal
OR
Vote “ABSTAIN” if you do not have an opinion but want to help the vote reach quorum