Shutter DAO 0x36: [On-chain] #10 Transfer An Additional 2M SHU & $250K USDC to Artis for Uniswap v2 Pool Liquidity

An on-chain proposal vote for Shutter DAO 0x36 has been created at Fractal by a community member 0x61C2dAE896f93e5f0f10425914CE7868eE8A0e44.

#10 Transfer An Additional 2M SHU & $250K USDC to Artis for Uniswap v2 Pool Liquidity

https://app.fractalframework.xyz/daos/0x36bD3044ab68f600f6d3e081056F34f2a58432c4/proposals/10

Start Date: Feb 23, 2024, 10:39 PM CET [See your local time at Fractal]

End Date: Feb 27, 2024, 11:22 AM CET [See your local time at Fractal]

See details at Fractal:

In 2.25 days, the LBP has raised $4.33M USDC and sold 24M SHU. By the end of the LBP, the LBP may potentially raise $7.5M USDC and potentially sell nearly 40M SHU at an average price of $0.125.

Where did this number come from?

Price has only traded below $0.13 for less than 5% of the current LBP duration, so not sure how it averages to $0.13.

2 Likes

The proposal discussion thread might be a better place for the question as there it’s more likely that the proposal creator will be able to see your comment.

1 Like

The on-chain proposal for Shutter DAO 0x36 has closed after passing the voting process.

The proposal met the necessary 3% quorum.

Breakdown of votes:

Yes: 81%

Abstain: 18%

No: 0%

As a result, the proposal has been approved by the Shutter DAO 0x36 voters and option Yes gained the largest support.

You can find further details about the proposal at Fractal.