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Proposal details

#37 Transfer 6M ARCH to Liquidity Council mSig

Passed
CommunityPoolSpendProposal

This proposal seeks to receive 6,000,000 ARCH to provide the Liquidity Council with the funds necessary to comply with proposal #32, which established a budget increase of $1,000,000 worth of ARCH and that existing liquidity recipients be topped up to the new 300k USD limit set. The amount of ARCH was calculated based on a 7-days TWAP and rounded to 6M. The funds will be dispersed directly to the Liquidity Council mSig.

Submit time: 20 Feb 2024, 16:13

Details

Voting period

100.00%

20 Feb 2024, 16:1327 Feb 2024, 16:13

Community Pool Spend Proposal

  • Title

    Transfer 6M ARCH to Liquidity Council mSig

  • Type

    CommunityPoolSpendProposal

  • Data
    {
    "recipient":"archway1qpt8anr3948yea9z6tp8ydcdnw5ug4ql9f8q5fnwrnrqk8qq7d9sd6cxet"
    "amount":[
    0:{
    "denom":"aarch"
    "amount":"6000000000000000000000000"
    }
    ]
    "@type":"/cosmos.distribution.v1beta1.CommunityPoolSpendProposal"
    }