From dd9da3c0d5da83d291421ca73c656d9e4c96c63c Mon Sep 17 00:00:00 2001 From: m3taversal Date: Mon, 23 Mar 2026 15:35:46 +0000 Subject: [PATCH] =?UTF-8?q?ingestion:=20archive=20futardio=20proposal=20?= =?UTF-8?q?=E2=80=94=202025-12-23-futardio-proposal-liquidity-adjustment-p?= =?UTF-8?q?roposal.md?= MIME-Version: 1.0 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: 8bit --- ...-proposal-liquidity-adjustment-proposal.md | 55 +++++++++++++++++++ 1 file changed, 55 insertions(+) create mode 100644 inbox/archive/2025-12-23-futardio-proposal-liquidity-adjustment-proposal.md diff --git a/inbox/archive/2025-12-23-futardio-proposal-liquidity-adjustment-proposal.md b/inbox/archive/2025-12-23-futardio-proposal-liquidity-adjustment-proposal.md new file mode 100644 index 00000000..1eefbc91 --- /dev/null +++ b/inbox/archive/2025-12-23-futardio-proposal-liquidity-adjustment-proposal.md @@ -0,0 +1,55 @@ +--- +type: source +title: "Futardio: Liquidity Adjustment Proposal" +author: "futard.io" +url: "https://www.metadao.fi/projects/loyal/proposal/GXdWao4Cy6EsvvS9atMb1kCPEAFwPXBe5kKCeLDtRJNm" +date: 2025-12-23 +domain: internet-finance +format: data +status: unprocessed +tags: [futarchy, solana, governance, loyal] +event_type: proposal +--- + +## Proposal Details +- Project: Loyal +- Proposal: Liquidity Adjustment Proposal +- Status: Passed +- Created: 2025-12-23 +- URL: https://www.metadao.fi/projects/loyal/proposal/GXdWao4Cy6EsvvS9atMb1kCPEAFwPXBe5kKCeLDtRJNm +- Description: If passed, 90% of tokens remaining in the single-sided Meteora DAMM v2 pool will be withdrawn and burned. USDC withdrawn will remain in the project's treasury. + +## Content + +**Type:** +**Author(s): community members.** + +If passed, 90% of tokens remaining in the [single-sided Meteora DAMM v2 pool](https://www.meteora.ag/dammv2/BGg7WsK98rhqtTp2uSKMa2yETqgwShFAjyf1RmYqCF7n) will be withdrawn and burned. USDC withdrawn will remain in the project's treasury. + +### **Motivation** + +As stated by the community members: The single-sided DAMM pool does not provide price support and creates unnecessary selling pressure. Withdrawing and burning the tokens would reduce the circulating supply and result in a better price. + +Withdrawing the full liquidity and closing the position would cause visibility issues with some apps and Dexscreener as they don’t index Futarchy AMM pool at the moment of writing. Therefore, we propose to withdraw 90% of the tokens in the pool. + +**Note from the MetaDAO team:** If, at the time of execution, fewer than 809,995 LOYAL tokens are withdrawn from the Meteora pool, the SPL burn instruction will fail. To prevent that, 50% of the withdrawn tokens will be burned, and the remaining 50% will be held to be burned under a subsequent proposal. + +### **Specification** + +* Pool address: *BGg7WsK98rhqtTp2uSKMa2yETqgwShFAjyf1RmYqCF7n* +* Total LOYAL amount: 809,995 + +### **Process** + +1. Withdraw 809,995 LOYAL tokens remaining in the single-sided Meteora DAMM v2 pool. +2. Execute SPL *burn* instruction. + + + +## Raw Data + +- Proposal account: `GXdWao4Cy6EsvvS9atMb1kCPEAFwPXBe5kKCeLDtRJNm` +- Proposal number: 2 +- DAO account: `GxpJkPEsPmuRCCTNnfZaDKg4X3gf4ZPgmqgFqtibaPtK` +- Proposer: `ELT1uRmtFvYP6WSrc4mCZaW7VVbcdkcKAj39aHSVCmwH` +- Autocrat version: 0.6