[Notice] Merging the Liquidity and Grants councils

Background

The Liquidity and Grants councils have decided to merge to consolidate our efforts. There are not enough active councilmembers to run the councils and multisigs separately in an efficient manner.

How

We plan to merge both councils (members and assets) into the existing Liquidity Council multisig. We decided on the Liquidity Council because it’s the owner of Bribe marketplace contracts in mainnet. This way we won’t have to update any contract owners.

Questions? Concerns?

We want to hear from the community regarding our plan. Do you have any questions, concerns, objections, suggestions, etc?

3 Likes

When will see some LPs on DEXs? Or at least one LP on one DEX. Let’s go!!!

1 Like

I support this and suggest we put to vote in the next 7 days so we can give the community what they want - liquidity campaigns and new grants funded to grow the ecosystem.

1 Like

We need to sell BSN to buy ETH/USD to start a liquidity campaign and right now we have too much sell pressure and not enough buy pressure. Thus BSN will go down in price and we’ll run out of funding for the liquidity campaign without BSN buy demand.

My commitment is to get a liquidity campaign started once the grants & liquidity councils are merged within the next 3 months. This will require support from others on the council and community support to increase demand for BSN.

2 Likes

I do wonder if there wound’t be a possibility to link up Restaking cloud discord with BlockSwap dao discord. The dao is not only for stakehouse right? We would take part in all the products, isn’t it?

While restaking cloud is getting some traction, it would be nice to suggest the members to also join Blockswap DAO.

Suggestion: Onces a member joins restaking cloud, make sure they also see a annoucement about the dao so they can join it. We are dividing the whole community in different projects. That’s not a good idea I think.

I understand it is a different product so it makes sense to have different chats. But in general, it would be nice to have it all linked in some way.

I am not sure how Blockswap labs thinks about this.

Besides this. I think we need to move ASAP from curve to uniswap v3. People are very comfortable with uniswap, curve not so much.

2 Likes

I don’t think Restaking Cloud and Blockswap will merge. They are two separate projects from my understanding.

@ykplayer8 - can you please help approve and execute the outstanding transactions to add me the mutli-sig wallet?