Introduction
Conclude the grant to Artis for market making services in two steps:
- Instruct Artis to return all Shutted DAO 0x36 assets
- Disburse 25,000 USDC to Artis
Context
Timeline
In February 2024, Shutter DAO 0x36 selected Artis for a 30,000 USDC grant to provide post-LBP market making services for 6 months.
In March 2024, Shutter DAO 0x36 paid Artis 5,000 USDC for market making services in March 2024.
In March - November 2024, Shutter DAO 0x36 received support services from Artis, including: Setting up and funding DEX pools, executing token swaps and transfers (which Shutter DAO 0x36 was not able to do itself), providing market making services on BingX centralized exchange (prior to BingX being hacked), and publishing token performance reports on the Shutter forum.
In September and October 2024, Artis requested Shutter DAO 0x36 stream Artis 30,000 USDC for market making services in September 2024 - February 2025. This proposal was rejected via Decent vote.
In December 2024, Shutter DAO 0x36 no longer requires Artis for market making services.
Payments
Shutter DAO 0x36 selected Artis for a 30,000 USDC grant. Shutter DAO 0x36 paid Artis 5,000 USDC. As a result, if Shutter DAO 0x36 wished to disburse the grant in full, it will pay Artis an additional 25,000 USDC.
Links
Forum: Provide a grant to Artis for post-LBP market making services for SHU token for six months https://shutternetwork.discourse.group/t/provide-a-grant-to-artis-for-post-lbp-market-making-services-for-shu-token-for-six-months/220
Snapshot: Shutter DAO 0x36 Proposal to Select and Provide a Grant to a Post-LBP Market Maker (MULTIPLE CHOICE: ARTIS) https://snapshot.org/#/shutterdao0x36.eth/proposal/0x3a0396a8e018250455d600c31f3e6e26161b8dca9338a6fd477d408503b185a5
Forum: Proposal to Pay Previously Approved Grants https://shutternetwork.discourse.group/t/proposal-to-pay-previously-approved-grants/305
Decent: #12 Proposal to Pay Previously Approved Grants (PASSED) https://app.decentdao.org/proposals/12?dao=eth:0x36bD3044ab68f600f6d3e081056F34f2a58432c4
Invoice Payment Artis Market Making - September
Monthly Retainer Payment Artis Global LTD. (REJECTED) https://app.decentdao.org/proposals/40?dao=eth:0x36bD3044ab68f600f6d3e081056F34f2a58432c4
Proposal
Conclude the grant to Artis for market making services in two steps:
Step 1
Artis will provide a full and detailed account of all assets (tokens, NFTs, etc.) on all chains held on behalf of Shutter DAO 0x36.
Shutter DAO 0x36 will instruct Artis to return all Shutter DAO 0x36 assets. Assets on Ethereum Mainnet will be returned to the Shutter DAO 0x36 treasury. Assets held on other chains will be returned to Shutter DAO 0x36 accounts as specified by Shutter DAO 0x36.
Artis will return all Shutter DAO 0x36 assets to Shutter DAO 0x36 as directed.
Shutter DAO 0x36 will confirm that it has received all Shutter DAO 0x36 assets.
Step 2
After Step 1 has been completed in full, Shutter DAO 0x36 will pay Artis 25,000 USDC to Artis’ receiving address on Ethereum Mainnet.
Vote Date and Platform
Vote starting the week of 2 December 2024 on Snapshot.
Voting Options
Vote “YES” to conclude the grant to Artis for market making services as outlined above.
OR
Vote “NO” to not conclude the grant.
OR
Vote “Abstain” if you do not have an opinion but want to help the vote reach quorum.
License
CC0: This work is marked with CC0 1.0 as dedicated to the public domain.