Proposals of #46

Proposal for Strategic Token Exchange between OmniFlix and GATA HUB to Boost Decentralization, Liquidity, and growth.

Community Pool Spend
passed
Expected result
Turnout / Quorum
217.53% / 33.40%
Voting start 2024.10.29 at 16:10:01
Voting end 2024.11.06 at 16:11:01
46.36%
52 852 854 flix
Yes
3.23%
3 684 603 flix
No
3.16%
3 601 187 flix
Veto
47.25%
53 872 355 flix
Abstain

Details

logo
Proposer
omniflix1ffk54ch6x8xz...
Total deposit
5 000 flix
Submit time
2024.10.29 at 16:10:04
Deposit end time
2024.11.06 at 16:11:04

Description

This proposal seeks to establish a strategic token swap between Omniflix and GATA HUB, with 500,000 FLIX allocated from the Omniflix community pool to participate in the yGATA Streamswap event. This initiative will support the launch of GATA Yield DAO on the Omniflix network, where yGATA will be issued as a native token factory asset. The staked FLIX tokens will enhance network decentralization by being staked with Omniflix validators, with staking rewards directed into liquidity pools to boost Omniflix liquidity pairs. Additionally, GATA's next Yield NFT series, "Yield Crocs," will be launched on Omniflix, driving growth and transaction volume for the network. The proposal ensures transparent governance through the formation of the Omniflix x yGATA Oversight DAO, granting Omniflix stakeholders ongoing governance rights and veto power within the GATA ecosystem. See the details here https://discord.com/channels/749707815106642022/1300555715613818921/1300555715613818921 or on the commonwealth https://commonwealth.im/omniflix/discussion/25349

Votes

Voter
Answer