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Shutter DAO 0x36 Proposal to Provide A Grant to Artis for Pre-LBP Advisory Services

0x1885…22aA·ended 2y ago·● MEDIUM RISK
Voters
76
SHU voted
38.21M
Token price
—

AI summary

This proposal asks the Shutter DAO to approve a grant of 300,000 SHU tokens to Artis. Artis would provide advisory services to optimize the parameters for an upcoming Liquidity Bootstrapping Pool (LBP). An LBP is a mechanism used to distribute new tokens and establish their initial price. The DAO previously voted to host this LBP with Fjord Foundry in mid-February.

Impact

If passed, Artis will receive 300,000 SHU tokens for their consulting work, aiming to improve the outcome of the LBP for the Shutter DAO. If it fails, the DAO will need to find an alternative way to optimize the LBP or proceed without specialized advisory services, which could affect the token's initial distribution and price discovery.

Read full proposal on Snapshot ↗

Voting results

Quorum
38.21M / 30.00M SHU(127%)
✓ Quorum met
For23.12M (60.5%)
Against12.98M (34.0%)
Abstain2.11M (5.5%)
38.21M SHU · 76 votersblock 19140636

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Shutter

Intro

Status: Snapshot Vote Created

Forum Proposal Link: https://shutterdao.discourse.group/t/provide-a-grant-to-artis-for-pre-lbp-advisory-services/219

Snapshot Vote Creator: acidbird (own.fund)

Snapshot Vote Created: 2 Feb 2024

Summary

Provide A Grant to Artis for Pre-LBP Advisory Services

Purpose

Shutter DAO 0x36 recently voted in support of a proposal by Fjord Foundry to host a liquidity bootstrapping pool (LBP) in mid February. See: https://snapshot.org/#/shutterdao0x36.eth/proposal/0x27367324f4393c214689952e5cac4121ea6ffbf0ebdf925df6fb571e60ace073

A pre-LBP advisor would w…

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