Conclude Grant to Artis for Market Making Services
AI summary
This proposal aims to formally end the market-making services agreement with Artis. It instructs Artis to return all assets belonging to Shutter DAO 0x36 and then proposes to disburse a final payment of 25,000 USDC to Artis. This payment, combined with a previous 5,000 USDC, fulfills the original 30,000 USDC grant for their services.
If passed, Shutter DAO 0x36 will recover its assets from Artis and make a final payment of 25,000 USDC, concluding their relationship. This benefits the DAO by regaining control of its assets and formally closing an engagement, while Artis receives the remaining funds from their agreed-upon grant.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
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 (whi…