Administration of Protocol Owned Liquidity

Proposals
21

I can’t recall has anything been done with the Liquidity yet?

22

I think we should take this and plop it into Gmx solana.

23

Been working through some administrative issues with the CEX side of activity, expectign these to be active in the next week or so, if there is any further delay will look at concluding the on-chain setup earlier instead.

2 Likes
24

Hi CoinFlipCanada, just wondering if there is issues with regards to deployment of funds as noticed the funds are still within the multisig

1 Like
25

Hi everyone,

any news on this?

26

Hi @coinflipcanada any chance u have updates with regards to this ?

1 Like
27

probably saving it for the rollout of multichain with frequent trading competitions and kaigen

excited for kaigen and this

28

hi @0xjunwei @brawlaphant and fellow community members
there would be a proposal soon to use existing currently liquidity in DAO for liquidity for multichains, bitcoinfi soon…

1 Like
29

The process related to improving CeX liquidity has been ongoing but there has been unanticipated administrative delays.

In the interim the remaining portions of the proposal have been implemented

Actions Taken

  • 25k GMX added to single asset liqudiity gmGMX [GMX-GMX]
  • 1.7m of WETH converted and added to Arbitrum GLVs (BTC + ETH)

As indicated by @Seraph a proposal will be coming to the DAO to fine tune our Arbitrum on-chain liquidity for $GMX including making them available to be redeployed on Solana and Botanix

1 Like