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Proposal #47


Final result:

ACCEPT - Lock for 4 years

Proposal description: With us potentially putting a large amount of liquidity onto BlockNG's Civil Beam pool (Proposal #46 if passed), I think it's necessary to accumulate some veLaw to keep the pool boosted. This proposal, if passed, will take the Law that the portfolio currently owns and lock it up for veLaw. This will be a recurring thing with the Law earned from the Punks staked in PoPunk and can be done every Sunday along with the other profits swapping. The portfolio will keep using this Law to add to veLaw until a proposal is passed to reverse this one. The Law earned from the LPs staked in the Civil Beam pool itself will continue to be used as outlined in Proposal #46 if it passes, so the first 4 weeks will all go to veLaw and then will split into its separate ways with the Civil Beam profits boosting liquidity and PoPunk boosting veLaw. (I swear I'm not trying to make this confusing.) I feel like locking up for 4 years would be a great choice since we'll earn more veLaw from it, but can also be risky since the future of smartBCH is 'iffy' to put it best, so the decision is for how long to lock. We can change the lock period at a later date as well if we want to start low. The veLaw will be used to obviously vote up the Law/SIDX pool every week 100% until voted otherwise, I guess we need to talk about the best strategy for this, as in what days to vote, etc.

Author: 0x0A54897FdB1c7f9499E6f06201d41a98232008aC Start date: 2022-08-18 21:33:13 - Deadline: 2022-08-25 21:33:13 UTC Time
ACCEPT - Lock for 6 months

0.00 [OPTION: A]

ACCEPT - Lock for 1 year

0.00 [OPTION: B]

ACCEPT - Lock for 4 years

45485.81 [OPTION: C]


0.00 [OPTION: D]