# [RGP-25] - Start the Radworks Seed Network (RSN) Org
**If executed, this proposal will transfer 193 381 RAD from the Radworks Treasury to the RSN Org.**
**RFC**: <https://community.radworks.org/t/rfc-rgp-25-start-the-radworks-seed-network-rsn-org/3520> 
**Formal Review**: <https://community.radworks.org/t/formal-review-rgp-25-start-the-radworks-seed-network-rsn-org/3528>
**Note**: The RAD amount requested has been updated to reflect the price of the last thirty days.
0x31c8eacbffdd875c74b94b077895bd78cf1e64a3 is the RAD contract
0x8da8f82d2bbdd896822de723f55d6edf416130ba is the Radworks Treasury address.
0x40E985f47e89ad88A7863F6DAb60A04118193932 is the RSN multi-sig.
# [RGP-23] Start the Radicle Integrations & Tooling Org
After receiving community approval via a Discourse poll, the proposal authors of \[RPG-23] have decided to resubmit RGP-23 for an emergency vote. Find full context and Discourse poll results here: <https://community.radworks.org/t/submission-rgp-23-start-the-radicle-integrations-tooling-org/3515/3>
If executed, this proposal will:
1. Transfer 175 000 USDC from the Radworks Treasury to the Radicle Integrations & Tooling Org multi-sig
2. Transfer 66 114.79 RAD from the Radworks Treasury to the Radicle Integrations & Tooling Org multi-sig
## Notes
0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48 is the USDC contract (<https://etherscan.io/token/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48>).
0x31c8eacbffdd875c74b94b077895bd78cf1e64a3 is the RAD contract (<https://etherscan.io/token/0x31c8eacbffdd875c74b94b077895bd78cf1e64a3>).
0x8da8f82d2bbdd896822de723f55d6edf416130ba is the Radworks Treasury address.
0xBC60231C54710B018e3a5b00d9D9c4f99C581dFc is the Radicle Integrations & Tooling Multisig
### ACTIONS
0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48 0 "transfer(address,uint256)" 0xBC60231C54710B018e3a5b00d9D9c4f99C581dFc 175000000000
0x31c8eacbffdd875c74b94b077895bd78cf1e64a3 0 "transfer(address,uint256)" 0xBC60231C54710B018e3a5b00d9D9c4f99C581dFc 66114790000000000000000
# [RGP-23] Start the Radicle Integrations & Tooling Org
If executed, this proposal will:
1. Transfer 178 494.31 USDC from the Radworks Treasury to the Radicle Integrations & Tooling Org multi-sig
2. Transfer 80 488.70 RAD from the Radworks Treasury to the Radicle Integrations & Tooling Org multi-sig
## Notes
0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48 is the USDC contract (https://etherscan.io/token/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48).
0x31c8eacbffdd875c74b94b077895bd78cf1e64a3 is the RAD contract (https://etherscan.io/token/0x31c8eacbffdd875c74b94b077895bd78cf1e64a3).
0x8da8f82d2bbdd896822de723f55d6edf416130ba is the Radworks Treasury address.
0xBC60231C54710B018e3a5b00d9D9c4f99C581dFc is the Radicle Integrations & Tooling Multisig
### ACTIONS
0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48 0 "transfer(address,uint256)" 0xBC60231C54710B018e3a5b00d9D9c4f99C581dFc 178494310000
0x31c8eacbffdd875c74b94b077895bd78cf1e64a3 0 "transfer(address,uint256)" 0xBC60231C54710B018e3a5b00d9D9c4f99C581dFc 80488700000000000000000
# [RGP-20] Grants Org Proposal 2024
If executed, this proposal will:
1\. Transfer 250,000 USDC from the Radworks Treasury to the Radworks Grant Program's multi-sig
2\. Transfer 100,000 RAD from the Radworks Treasury to the Radworks Grant Program's multi-sig
Please see discussions here:
*  Discussion: <https://community.radworks.org/t/discussion-rgp-20-grants-org-proposal-2024/3403>
*  Formal Review: <https://community.radworks.org/t/formal-review-rgp-grants-org-proposal-2024/3419>
Please see Grants Program repo here (to be mirrored on Radicle in future):
*  <https://github.com/radicle-foundation/radworks-grants>
\## Notes
*  \`0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48\` is the USDC contract (https://etherscan.io/token/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48).
*  \`0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3\` is the RAD contract (https://etherscan.io/token/0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3).
*  \`0x8da8f82d2bbdd896822de723f55d6edf416130ba\` is the Radworks Treasury address.
*  \`0x394B920c5d39E0Ca40fCa2871569B6B90D750c7c\` is the Radworks Grants Program's multi-sig address.
\## ACTIONS ##
\`\`\`
0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48 0 "transfer(address,uint256)" 0x394B920c5d39E0Ca40fCa2871569B6B90D750c7c 250000000000
0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3 0 "transfer(address,uint256)" 0x394B920c5d39E0Ca40fCa2871569B6B90D750c7c 100000000000000000000000
\`\`\`
# [RGP-21] Foundation Org Proposal 2024
\# \[RGP-21] Foundation Org Proposal 2024
If executed, this proposal will:
1\. Transfer 400,877 USDC from the Radicle Treasury to a multi-sig controlled by the Foundation Org to support the 2024 work of the Operations, Strategy, and Governance Committee, as well as Foundation administration.
\*\*How was this proposal discussed?\*\*
Please see discussions here:
\* Discussion: <https://community.radworks.org/t/discussion-rgp-21-foundation-org-proposal-2024/3404>
\* Formal Review: <https://community.radworks.org/t/formal-review-rgp-21-foundation-org-proposal-2024/3420>
\* Snapshot Poll: <https://snapshot.org/#/gov.radworks.eth/proposal/0x3b41fadaba26f961905a0d4d0854320dec014a5c96ee690a1b2ff245cd42c4fa>
\## Notes
\* \`0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48\` is the USDC contract (https://etherscan.io/token/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48).
\* \`0x8da8f82d2bbdd896822de723f55d6edf416130ba\` is the Radworks Treasury address.
\* \`0x85C6CeEeb8E1A2E49D23cE8b9E0e59413FDb8bbB\` is the Foundation Council Multisig 
\## ACTIONS ##
\`\`\`
0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48 0 "transfer(address,uint256)" 0x85C6CeEeb8E1A2E49D23cE8b9E0e59413FDb8bbB 400877000000
\`\`\`
# [RGP-19] Drips Org Proposal 2024
If executed, this proposal will:
1. transfer 1183278 USDC from the Radworks Treasury to the Safe of the Public Goods Association (core maintainers of Drips)
* Discussion: <https://community.radworks.org/t/discussion-rgp-19-drips-org-proposal-2024/3409>
* Snapshote vote: <https://snapshot.org/#/gov.radworks.eth/proposal/0xb46862a0c4a151cfb24ac40adf57e72ce2ae67e6e1b63849c229f6f2861d3d89>
* Formal review: <https://community.radworks.org/t/formal-review-rgp-19-drips-org-proposal-2024/3422>
## Notes
0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48 is the USDC contract
0x8da8f82d2bbdd896822de723f55d6edf416130ba is the Radworks Treasury 
0xcC7d34C76A9d08aa0109F7Bae35f29C1CE35355A is the Safe of Public Goods Association
16 - Fund Radworks Dependencies with Drips
If executed, this proposal will:
1. transfer 500000 USDC and 373134 RAD from the Radworks Treasury and deposit them to the Drips Protocol
2. stream the above funds to the following Drip List over one year https://www.drips.network/app/drip-lists/50330452048867519181028275890986093327647919805766323166158196453514 that further funds the software dependencies of the Radicle, Drips and Grants orgs.
## How was this proposal discussed?
- Discussion: https://community.radworks.org/t/formal-review-rgp-16-fund-radworks-dependencies-with-drips/3367
- Snapshote vote: https://snapshot.org/#/gov.radicle.eth/proposal/0xf0c5ff136876ce04b030a46cefb0f7b6dc23a0087a99389f54567d36e09d7666
## Notes
0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48 is the USDC contract.
0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3 is the RAD contract.
0x8da8f82d2bbdd896822de723f55d6edf416130ba is the Radworks Treasury.
0xd0Dd053392db676D57317CD4fe96Fc2cCf42D0b4 is the Drips contract (main contract of the Drips protocol).
https://www.drips.network/app/drip-lists/50330452048867519181028275890986093327647919805766323166158196453514 is the Drip List with the Radworks allocation. It's controlled by this NFT that the Radworks Treasury holds https://etherscan.io/tx/0xb2a0c3c99e812ecb545689ba7f83405c7960c79641785765cd2c6596ae5c44ec
# 14 - Start the Radicle Org
# Start the Radicle Org
If executed, this proposal will:
1. Transfer 1,784,378 USDC from the Radicle Treasury to a multi-sig controlled by the Radicle Org to support the development of the Radicle Stack in 2023.
## How was this proposal discussed?
* Discussion: <https://radicle.community/t/discussion-radicle-org-proposal-2023/3288>
* Formal Review: <https://radicle.community/t/formal-review-rgp-14-start-the-radicle-org/3304>
* Snapshot Poll: <https://snapshot.org/#/gov.radicle.eth/proposal/0xdfd05adad347d495ac8b38c857a817725d42cbc27a7608aecb137b763227e638>
## Notes
* `0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48` is the USDC contract.
* `0x4016Ce2f73100138831CAf716f30EEC3ef1dFa1D` is the Radicle Org Multisig
# Start the Foundation Org
If executed, this proposal will:
1. Transfer 3,660,993 USDC from the Radicle Treasury to a multi-sig controlled by the Foundation Org to support the 2023 work of the Operations, Marketing, and Governance Committee, as well as Foundation administration.
**How was this proposal discussed?**
Please see discussions here:
* Temperature Check: https://radicle.community/t/temperature-check-start-the-foundation-org/3272
* Discussion: https://radicle.community/t/discussion-start-the-foundation-org/3278
* Formal Review: https://radicle.community/t/formal-review-start-the-foundation-org/3280
* Snapshot Poll: https://snapshot.org/#/gov.radicle.eth/proposal/0x23fc3572c0ae8e6e50850f3ba33e634d64a248ebbb9b88c3082f8bc9b01dfbed
## Notes
* `0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48` is the USDC contract (https://etherscan.io/token/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48).
* `0x85C6CeEeb8E1A2E49D23cE8b9E0e59413FDb8bbB` is the Foundation Council USDC Multisig (Radicle Core Team Budgets)
# Start the Foundation Org
If executed, this proposal will:
1. Transfer 3,660,993 USDC from the Radicle Treasury to a multi-sig controlled by the Foundation Org to support the 2023 work of the Operations, Marketing, and Governance Committee, as well as Foundation administration.
**How was this proposal discussed?**
Please see discussions here:
* Temperature Check: https://radicle.community/t/temperature-check-start-the-foundation-org/3272
* Discussion: https://radicle.community/t/discussion-start-the-foundation-org/3278
* Formal Review: https://radicle.community/t/formal-review-start-the-foundation-org/3280
* Snapshot Poll: https://snapshot.org/#/gov.radicle.eth/proposal/0x23fc3572c0ae8e6e50850f3ba33e634d64a248ebbb9b88c3082f8bc9b01dfbed
## Notes
* `0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48` is the USDC contract (https://etherscan.io/token/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48).
* `0x8da8f82d2bbdd896822de723f55d6edf416130ba` is the Radicle Treasury address.
* `0x85C6CeEeb8E1A2E49D23cE8b9E0e59413FDb8bbB` is the Foundation Council USDC Multisig (Radicle Core Team Budgets)
transfer(address,uint256)transfer(address,uint256)# [Phase 0] Transition to the DAO
Temperature Check: https://radicle.community/t/temperature-check-phase-0-transition-to-the-dao/2989?u=abbey
Discussion: https://radicle.community/t/discussion-phase-0-transition-to-the-dao/3001
Formal Review: https://radicle.community/t/formal-review-phase-0-transition-to-the-dao/3007
Snapshot vote: https://snapshot.org/#/gov.radicle.eth/proposal/0x646e92794f8ea0abb333ed264dc8d8a3df7ceae909186f88701b3237852e61fb
Github: https://github.com/radicle-dev/radicle-governance/blob/main/proposals/phase_0_transition.proposal
# [Phase 0] Transition to the DAO
Temperature Check: https://radicle.community/t/temperature-check-phase-0-transition-to-the-dao/2989?u=abbey
Discussion: https://radicle.community/t/discussion-phase-0-transition-to-the-dao/3001
Formal Review: https://radicle.community/t/formal-review-phase-0-transition-to-the-dao/3007
Snapshot vote: https://snapshot.org/#/gov.radicle.eth/proposal/0x646e92794f8ea0abb333ed264dc8d8a3df7ceae909186f88701b3237852e61fb
Github: https://github.com/radicle-dev/radicle-governance/blob/main/proposals/phase_0_transition.proposal
setRadRegistrationFee(uint256)# Set name registration fee to zero
Set the name registration fee to `0`, which will no longer require
users to hold RAD to register `.radicle.eth` names.
Discussion: <https://radicle.community/t/discussion-remove-name-registration-fee/2583>
Snapshot: <https://snapshot.org/#/gov.radicle.eth/proposal/QmW64iqHQPAHRHdBV2jqG476XJChoY5Ji8FwgdszhghGaZ>
## Addresses
* `0x37723287Ae6F34866d82EE623401f92Ec9013154`: The Radicle Registrar
## ACTIONS ##
```
0x37723287Ae6F34866d82EE623401f92Ec9013154 0 "setRadRegistrationFee(uint256)" 0
```
# Set name registration fee to zero
Set the name registration fee to `0`, which will no longer require
users to hold RAD to register `.radicle.eth` names.
Discussion: <https://radicle.community/t/discussion-remove-name-registration-fee/2583>
Snapshot: <https://snapshot.org/#/gov.radicle.eth/proposal/QmW64iqHQPAHRHdBV2jqG476XJChoY5Ji8FwgdszhghGaZ>
## Addresses
* `0x37723287Ae6F34866d82EE623401f92Ec9013154`: The Radicle Registrar
## ACTIONS ##
```
0x37723287Ae6F34866d82EE623401f92Ec9013154 0 "setRadRegistrationFee(uint256)" 0
```
transfer(address,uint256)transfer(address,uint256)# 6 - Radicle Ecosystem Growth Fund [EGF] - Start Funding
If executed, this proposal will:
1. Transfer 500,000 USDC from the Radicle Treasury to the Radicle Ecosystem Growth Fund's multi-sig
2. Transfer 10,123 RAD from the Radicle Treasury to the Radicle Ecosystem Growth Fund's multi-sig
**How was this proposal discussed?**
Please see discussions here:
* Temperature Check: https://radicle.community/t/temperature-check-growth-workstream/2509
* Discussion: https://radicle.community/t/discussion-radicle-ecosystem-growth-fund/2671
* Formal Review: https://radicle.community/t/formal-review-radicle-ecosystem-growth-fund-egf/2721
* Snapshot Poll: https://snapshot.org/#/gov.radicle.eth/proposal/0x16400b2c86d6ebdea246372182f18a17394435d9e31f9749ebaad89e37f3eb25
## Notes
* `0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48` is the USDC contract (https://etherscan.io/token/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48).
* `0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3` is the RAD contract (https://etherscan.io/token/0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3).
* `0x8da8f82d2bbdd896822de723f55d6edf416130ba` is the Radicle Treasury address.
* `0x60A22232D40486c8E6A7699d02Bdc01f37ACb22f` is the Radicle EGF multi-sig address.
# 6 - Radicle Ecosystem Growth Fund [EGF] - Start Funding
If executed, this proposal will:
1. Transfer 500,000 USDC from the Radicle Treasury to the Radicle Ecosystem Growth Fund's multi-sig
2. Transfer 10,123 RAD from the Radicle Treasury to the Radicle Ecosystem Growth Fund's multi-sig
**How was this proposal discussed?**
Please see discussions here:
* Temperature Check: https://radicle.community/t/temperature-check-growth-workstream/2509
* Discussion: https://radicle.community/t/discussion-radicle-ecosystem-growth-fund/2671
* Formal Review: https://radicle.community/t/formal-review-radicle-ecosystem-growth-fund-egf/2721
* Snapshot Poll: https://snapshot.org/#/gov.radicle.eth/proposal/0x16400b2c86d6ebdea246372182f18a17394435d9e31f9749ebaad89e37f3eb25
## Notes
* `0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48` is the USDC contract (https://etherscan.io/token/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48).
* `0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3` is the RAD contract (https://etherscan.io/token/0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3).
* `0x8da8f82d2bbdd896822de723f55d6edf416130ba` is the Radicle Treasury address.
* `0x60A22232D40486c8E6A7699d02Bdc01f37ACb22f` is the Radicle EGF multi-sig address.
transfer(address,uint256)transfer(address,uint256)# 6 - Radicle Ecosystem Growth Fund [EGF] - Start Funding
If executed, this proposal will:
1. Transfer 500,000 USDC from the Radicle Treasury to the Radicle Ecosystem Growth Fund's multi-sig
2. Transfer 10,123 RAD from the Radicle Treasury to the Radicle Ecosystem Growth Fund's multi-sig
**How was this proposal discussed?**
Please see discussions here:
* Temperature Check: https://radicle.community/t/temperature-check-growth-workstream/2509
* Discussion: https://radicle.community/t/discussion-radicle-ecosystem-growth-fund/2671
* Formal Review: https://radicle.community/t/formal-review-radicle-ecosystem-growth-fund-egf/2721
* Snapshot Poll: https://snapshot.org/#/gov.radicle.eth/proposal/0x16400b2c86d6ebdea246372182f18a17394435d9e31f9749ebaad89e37f3eb25
## Notes
* `0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48` is the USDC contract (https://etherscan.io/token/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48).
* `0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3` is the RAD contract (https://etherscan.io/token/0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3).
* `0x8da8f82d2bbdd896822de723f55d6edf416130ba` is the Radicle Treasury address.
* `0x60A22232D40486c8E6A7699d02Bdc01f37ACb22f` is the Radicle EGF multi-sig address.
# 6 - Radicle Ecosystem Growth Fund [EGF] - Start Funding
If executed, this proposal will:
1. Transfer 500,000 USDC from the Radicle Treasury to the Radicle Ecosystem Growth Fund's multi-sig
2. Transfer 10,123 RAD from the Radicle Treasury to the Radicle Ecosystem Growth Fund's multi-sig
**How was this proposal discussed?**
Please see discussions here:
* Temperature Check: https://radicle.community/t/temperature-check-growth-workstream/2509
* Discussion: https://radicle.community/t/discussion-radicle-ecosystem-growth-fund/2671
* Formal Review: https://radicle.community/t/formal-review-radicle-ecosystem-growth-fund-egf/2721
* Snapshot Poll: https://snapshot.org/#/gov.radicle.eth/proposal/0x16400b2c86d6ebdea246372182f18a17394435d9e31f9749ebaad89e37f3eb25
## Notes
* `0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48` is the USDC contract (https://etherscan.io/token/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48).
* `0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3` is the RAD contract (https://etherscan.io/token/0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3).
* `0x8da8f82d2bbdd896822de723f55d6edf416130ba` is the Radicle Treasury address.
* `0x60A22232D40486c8E6A7699d02Bdc01f37ACb22f` is the Radicle EGF multi-sig address.
transfer(address,uint256)transfer(address,uint256)# Radicle Grants Wave 1 - Start Funding
If executed, this proposal will:
1. Transfer 1.0M USDC from the Radicle Foundation to the Radicle Grant Program's multi-sig
2. Transfer 44,108 RAD from the Radicle Foundation to the Radicle Grant Program's multi-sig
**How was this proposal discussed?**
Please see discussions here:
* Temperature Check: https://radicle.community/t/temperature-check-radicle-grants-program/2461/8
* Formal Discussion (V1): https://radicle.community/t/formal-review-radicle-grants-program-v1/2548
* Formal Discussion (V2): https://radicle.community/t/formal-review-radicle-grants-program-v2/2582/22
* Snapshot Poll (94% Approval): https://snapshot.org/#/gov.radicle.eth/proposal/0xe9158c0e656918f207f76af0b05feefce2cf07c02e582944825373eebd4ddaff
Please see Grants Program repo here (to be mirrored on Radicle in future):
* https://github.com/radicle-dev/radicle-grants
## Notes
* `0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48` is the USDC contract (https://etherscan.io/token/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48).
* `0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3` is the RAD contract (https://etherscan.io/token/0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3).
* `0x8da8f82d2bbdd896822de723f55d6edf416130ba` is the Radicle Treasury address.
* `0x394B920c5d39E0Ca40fCa2871569B6B90D750c7c` is the Radicle Grants Program's multi-sig address.
## Radicle Grants Org
Please find pertinent metadata for the Org here: https://app.radicle.network/orgs/0x8e9c37cc9a8fbb96400954c1ef2b351176fe0803
# Radicle Grants Wave 1 - Start Funding
If executed, this proposal will:
1. Transfer 1.0M USDC from the Radicle Foundation to the Radicle Grant Program's multi-sig
2. Transfer 44,108 RAD from the Radicle Foundation to the Radicle Grant Program's multi-sig
**How was this proposal discussed?**
Please see discussions here:
* Temperature Check: https://radicle.community/t/temperature-check-radicle-grants-program/2461/8
* Formal Discussion (V1): https://radicle.community/t/formal-review-radicle-grants-program-v1/2548
* Formal Discussion (V2): https://radicle.community/t/formal-review-radicle-grants-program-v2/2582/22
* Snapshot Poll (94% Approval): https://snapshot.org/#/gov.radicle.eth/proposal/0xe9158c0e656918f207f76af0b05feefce2cf07c02e582944825373eebd4ddaff
Please see Grants Program repo here (to be mirrored on Radicle in future):
* https://github.com/radicle-dev/radicle-grants
## Notes
* `0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48` is the USDC contract (https://etherscan.io/token/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48).
* `0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3` is the RAD contract (https://etherscan.io/token/0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3).
* `0x8da8f82d2bbdd896822de723f55d6edf416130ba` is the Radicle Treasury address.
* `0x394B920c5d39E0Ca40fCa2871569B6B90D750c7c` is the Radicle Grants Program's multi-sig address.
## Radicle Grants Org
Please find pertinent metadata for the Org here: https://app.radicle.network/orgs/0x8e9c37cc9a8fbb96400954c1ef2b351176fe0803
exitPool(uint256,uint256[])transfer(address,uint256)approve(address,uint256)approve(address,uint256)addLiquidity(address,address)# Exit LBP & add Uniswap liquidity
This is a proposal to complete the LBP event by exiting the pool. To maintain
a liquid market, 4M USDC and 400K RAD are added to a Uniswap trading pair.
If executed, this proposal will:
1. Remove liquidity from the LBP, by swapping the RADP pool tokens for the underlying assets (RAD and USDC)
2. Return the 3.5M USDC loan to the Radicle Foundation
3. Approve Uniswap router proxy for 5M USDC
4. Approve Uniswap router proxy for 500K RAD
5. Add liquidity to Uniswap RAD/USDC pair via the Uniswap router
After execution, the Timelock holds all Uniswap LP tokens for the RAD/USDC pair.
To prevent front-running, the RAD/USDC balances are set through the Uniswap
router *proxy* contract, deployed at `0xB76FC4EbE4fC0CC34AF440Ad79565A68Bfcb095e`.
Only the Radicle Foundation can set these balances, via the `setLiquidity`
function. This contract function must be called as close as possible to the
execution of this proposal, to provide liquidity at the correct market price.
## Notes
* For this proposal to go through, the LBP must have at least 1M RAD and 20M USDC.
* `0x750dD34Fb165bE682fAe445793AB9ab9729CDAa3` is the CRP Pool.
* `0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48` is the USDC contract.
* `0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3` is the RAD contract.
* `0x055E29502153aEDcFDaE8Fc15a710FF6fb5e10C9` is the Radicle Foundation address.
* `0xB76FC4EbE4fC0CC34AF440Ad79565A68Bfcb095e` is the Uniswap router proxy contract.
# Exit LBP & add Uniswap liquidity
This is a proposal to complete the LBP event by exiting the pool. To maintain
a liquid market, 4M USDC and 400K RAD are added to a Uniswap trading pair.
If executed, this proposal will:
1. Remove liquidity from the LBP, by swapping the RADP pool tokens for the underlying assets (RAD and USDC)
2. Return the 3.5M USDC loan to the Radicle Foundation
3. Approve Uniswap router proxy for 5M USDC
4. Approve Uniswap router proxy for 500K RAD
5. Add liquidity to Uniswap RAD/USDC pair via the Uniswap router
After execution, the Timelock holds all Uniswap LP tokens for the RAD/USDC pair.
To prevent front-running, the RAD/USDC balances are set through the Uniswap
router *proxy* contract, deployed at `0xB76FC4EbE4fC0CC34AF440Ad79565A68Bfcb095e`.
Only the Radicle Foundation can set these balances, via the `setLiquidity`
function. This contract function must be called as close as possible to the
execution of this proposal, to provide liquidity at the correct market price.
## Notes
* For this proposal to go through, the LBP must have at least 1M RAD and 20M USDC.
* `0x750dD34Fb165bE682fAe445793AB9ab9729CDAa3` is the CRP Pool.
* `0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48` is the USDC contract.
* `0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3` is the RAD contract.
* `0x055E29502153aEDcFDaE8Fc15a710FF6fb5e10C9` is the Radicle Foundation address.
* `0xB76FC4EbE4fC0CC34AF440Ad79565A68Bfcb095e` is the Uniswap router proxy contract.
# Exit LBP & add Uniswap liquidity
This is a proposal to complete the LBP event by exiting the pool. To maintain
a liquid market, 4M USDC and 400K RAD are added to a Uniswap trading pair.
If executed, this proposal will:
1. Remove liquidity from the LBP, by swapping the RADP pool tokens for the underlying assets (RAD and USDC)
2. Return the 3.5M USDC loan to the Radicle Foundation
3. Approve Uniswap router proxy for 5M USDC
4. Approve Uniswap router proxy for 500K RAD
5. Add liquidity to Uniswap RAD/USDC pair via the Uniswap router
After execution, the Timelock holds all Uniswap LP tokens for the RAD/USDC pair.
To prevent front-running, the RAD/USDC balances are set through the Uniswap
router *proxy* contract, deployed at `0xB76FC4EbE4fC0CC34AF440Ad79565A68Bfcb095e`.
Only the Radicle Foundation can set these balances, via the `setLiquidity`
function. This contract function must be called as close as possible to the
execution of this proposal, to provide liquidity at the correct market price.
## Notes
* For this proposal to go through, the LBP must have at least 1M RAD and 20M USDC.
* `0x750dD34Fb165bE682fAe445793AB9ab9729CDAa3` is the CRP Pool.
* `0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48` is the USDC contract.
* `0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3` is the RAD contract.
* `0x055E29502153aEDcFDaE8Fc15a710FF6fb5e10C9` is the Radicle Foundation address.
* `0xB76FC4EbE4fC0CC34AF440Ad79565A68Bfcb095e` is the Uniswap router proxy contract.
# Exit LBP & add Uniswap liquidity
This is a proposal to complete the LBP event by exiting the pool. To maintain
a liquid market, 4M USDC and 400K RAD are added to a Uniswap trading pair.
If executed, this proposal will:
1. Remove liquidity from the LBP, by swapping the RADP pool tokens for the underlying assets (RAD and USDC)
2. Return the 3.5M USDC loan to the Radicle Foundation
3. Approve Uniswap router proxy for 5M USDC
4. Approve Uniswap router proxy for 500K RAD
5. Add liquidity to Uniswap RAD/USDC pair via the Uniswap router
After execution, the Timelock holds all Uniswap LP tokens for the RAD/USDC pair.
To prevent front-running, the RAD/USDC balances are set through the Uniswap
router *proxy* contract, deployed at `0xB76FC4EbE4fC0CC34AF440Ad79565A68Bfcb095e`.
Only the Radicle Foundation can set these balances, via the `setLiquidity`
function. This contract function must be called as close as possible to the
execution of this proposal, to provide liquidity at the correct market price.
## Notes
* For this proposal to go through, the LBP must have at least 1M RAD and 20M USDC.
* `0x750dD34Fb165bE682fAe445793AB9ab9729CDAa3` is the CRP Pool.
* `0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48` is the USDC contract.
* `0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3` is the RAD contract.
* `0x055E29502153aEDcFDaE8Fc15a710FF6fb5e10C9` is the Radicle Foundation address.
* `0xB76FC4EbE4fC0CC34AF440Ad79565A68Bfcb095e` is the Uniswap router proxy contract.
approve(address,uint256)approve(address,uint256)begin(uint256,uint256,address)# Liquidity Bootstrapping Pool
*Radicle is progressively decentralizing its network by distributing
decision-making power to a wider group of people.*
This is a proposal to make 3.75% of the Radicle token supply available for
interested parties within the Radicle community. It uses [Balancer](https://balancer.finance/),
a decentralized exchange and leverages a mechanism called [Liquidity Bootstrapping](https://medium.com/balancer-protocol/building-liquidity-into-token-distribution-a49d4286e0d4).
The purpose of this proposal is to:
* Distribute the Radicle token among the wider Radicle community, beyond early
contributors and team members.
* Build deep liquidity for the Radicle network, setting it up for long-term
success.
* Begin price discovery for the Radicle token.
Proceeds from the event will be held by the Radicle Treasury, a smart contract
fully controlled by the Radicle token holders.
Read more about the Radicle Treasury [here](https://radicle.xyz/blog/introducing-rad.html).
**LBP specifications**
* Pool tokens: `RAD` and `USDC`
* RAD start balance: 3.75M
* USDC start balance: 3.5M
* RAD start weight: 92.5
* RAD end weight: 50
* USDC start weight: 7.5
* USDC end weight: 50
* Swap fee: 0.5%
* Duration: 2 days
* Sale address: `0x864fDEF96374A2060Ae18f83bbEc924f174D6b35`
* CRP address: `0x750dD34Fb165bE682fAe445793AB9ab9729CDAa3`
**What is a Liquidity Bootstrapping Pool?**
Balancer’s Liquidity Bootstrapping Pool (LBP) is a Balancer pool that
automatically adjusts its token weights over time. This applies downwards price
pressure on the token and disincentivizes front-running, speculation and whale
buying. See Balancer’s [Liquidity Bootstrapping Pool
FAQ](https://docs.balancer.finance/smart-contracts/smart-pools/liquidity-bootstrapping-faq)
for more information.
**Why a Liquidity Bootstrapping Pool?**
The Liquidity Bootstrapping Pool is a battle-tested mechanism for price
discovery and liquidity building. It’s been successfully used by numerous teams
including [Hydra](https://hydradx.substack.com/p/hydradx-faq), [APY
Finance](https://medium.com/apyfinance/apy-finance-tge-on-balancers-lbp-liquidity-bootstrapping-pool-2690dd245a16),
and [Perpetual
protocol](https://medium.com/perpetual-protocol/why-we-chose-to-distribute-perp-using-a-balancer-liquidity-bootstrapping-pool-aac7f1ab6181).
**How was this proposal discussed?**
This proposal was put together by early contributors behind the
Radicle project.
Moving forward, all proposals will be discussed openly and developed through the
formal governance process. This process is meant to be owned and developed
collectively by the Radicle community. More information can be found on
[https://radicle.community](https://radicle.community/).
---
**Additional resources**
[Why we chose to distribute PER using a Balancer Liquidity Bootstrapping Pool](https://medium.com/perpetual-protocol/why-we-chose-to-distribute-perp-using-a-balancer-liquidity-bootstrapping-pool-aac7f1ab6181)
[HydraDX FAQ](https://hydradx.substack.com/p/hydradx-faq)
[APY Finances' LBP Step by Step Guide](https://medium.com/apyfinance/apy-finances-lbp-step-by-step-guide-8a46d9ade88c)
[APY.Finance TGE on Balancer’s LBP (Liquidity Bootstrapping Pool)](https://medium.com/apyfinance/apy-finance-tge-on-balancers-lbp-liquidity-bootstrapping-pool-2690dd245a16)
# Liquidity Bootstrapping Pool
*Radicle is progressively decentralizing its network by distributing
decision-making power to a wider group of people.*
This is a proposal to make 3.75% of the Radicle token supply available for
interested parties within the Radicle community. It uses [Balancer](https://balancer.finance/),
a decentralized exchange and leverages a mechanism called [Liquidity Bootstrapping](https://medium.com/balancer-protocol/building-liquidity-into-token-distribution-a49d4286e0d4).
The purpose of this proposal is to:
* Distribute the Radicle token among the wider Radicle community, beyond early
contributors and team members.
* Build deep liquidity for the Radicle network, setting it up for long-term
success.
* Begin price discovery for the Radicle token.
Proceeds from the event will be held by the Radicle Treasury, a smart contract
fully controlled by the Radicle token holders.
Read more about the Radicle Treasury [here](https://radicle.xyz/blog/introducing-rad.html).
**LBP specifications**
* Pool tokens: `RAD` and `USDC`
* RAD start balance: 3.75M
* USDC start balance: 3.5M
* RAD start weight: 92.5
* RAD end weight: 50
* USDC start weight: 7.5
* USDC end weight: 50
* Swap fee: 0.5%
* Duration: 2 days
* Sale address: `0x864fDEF96374A2060Ae18f83bbEc924f174D6b35`
* CRP address: `0x750dD34Fb165bE682fAe445793AB9ab9729CDAa3`
**What is a Liquidity Bootstrapping Pool?**
Balancer’s Liquidity Bootstrapping Pool (LBP) is a Balancer pool that
automatically adjusts its token weights over time. This applies downwards price
pressure on the token and disincentivizes front-running, speculation and whale
buying. See Balancer’s [Liquidity Bootstrapping Pool
FAQ](https://docs.balancer.finance/smart-contracts/smart-pools/liquidity-bootstrapping-faq)
for more information.
**Why a Liquidity Bootstrapping Pool?**
The Liquidity Bootstrapping Pool is a battle-tested mechanism for price
discovery and liquidity building. It’s been successfully used by numerous teams
including [Hydra](https://hydradx.substack.com/p/hydradx-faq), [APY
Finance](https://medium.com/apyfinance/apy-finance-tge-on-balancers-lbp-liquidity-bootstrapping-pool-2690dd245a16),
and [Perpetual
protocol](https://medium.com/perpetual-protocol/why-we-chose-to-distribute-perp-using-a-balancer-liquidity-bootstrapping-pool-aac7f1ab6181).
**How was this proposal discussed?**
This proposal was put together by early contributors behind the
Radicle project.
Moving forward, all proposals will be discussed openly and developed through the
formal governance process. This process is meant to be owned and developed
collectively by the Radicle community. More information can be found on
[https://radicle.community](https://radicle.community/).
---
**Additional resources**
[Why we chose to distribute PER using a Balancer Liquidity Bootstrapping Pool](https://medium.com/perpetual-protocol/why-we-chose-to-distribute-perp-using-a-balancer-liquidity-bootstrapping-pool-aac7f1ab6181)
[HydraDX FAQ](https://hydradx.substack.com/p/hydradx-faq)
[APY Finances' LBP Step by Step Guide](https://medium.com/apyfinance/apy-finances-lbp-step-by-step-guide-8a46d9ade88c)
[APY.Finance TGE on Balancer’s LBP (Liquidity Bootstrapping Pool)](https://medium.com/apyfinance/apy-finance-tge-on-balancers-lbp-liquidity-bootstrapping-pool-2690dd245a16)
approve(address,uint256)approve(address,uint256)begin(uint256,uint256,address)"# Liquidity Bootstrapping Pool
This is a proposal to make 3.75% of the Radicle token supply available for
interested parties within the Radicle community. It outlines a proposed
Liquidity Bootstrapping event on the decentralized exchange named
[Balancer](https://balancer.finance/), using a mechanism called [Liquidity
Bootstrapping
Pool](https://medium.com/balancer-protocol/building-liquidity-into-token-distribution-a49d4286e0d4).
The purpose of this distribution event is to:
a) Distribute the Radicle token among the wider Radicle community beyond early
contributors and team members.
b) Build deep liquidity for the Radicle network, setting it up for long-term
success.
Proceeds from the event will be controlled by the Radicle Treasury, a smart
contract fully controlled by the Radicle token holders. The proceeds **will
not** go directly to the core-team. Instead, they will be available for
distribution via governance of the Radicle Treasury.
Read more about the Radicle Treasury
[here](https://radicle.xyz/blog/introducing-rad.html).
**What is a Liquidity Bootstrapping Pool?**
Balancer’s Liquidity Bootstrapping Pool (LBP) is a Balancer pool that
automatically adjusts its pool weights over time. This applies downward price
pressure on the token and disincentivizes front-running, speculation and whale
buying. See Balancer’s [Liquidity Bootstrapping Pool
FAQ](https://docs.balancer.finance/smart-contracts/smart-pools/liquidity-bootstrapping-faq)
for more information.
**Why a Liquidity Bootstrapping Pool?**
The liquidity bootstrapping pool is a battle-tested mechanism for price
discovery and building liquidity. It’s been successfully used by numerous teams
including [Hydra](https://hydradx.substack.com/p/hydradx-faq), [APY
Finance](https://medium.com/apyfinance/apy-finance-tge-on-balancers-lbp-liquidity-bootstrapping-pool-2690dd245a16),
and [Perpetual
protocol](https://medium.com/perpetual-protocol/why-we-chose-to-distribute-perp-using-a-balancer-liquidity-bootstrapping-pool-aac7f1ab6181).
**How was this proposal discussed?**
This proposal was put together by a number of early contributors behind the
Radicle project. One of the main goals of this proposal is to distribute
governing power among a wider group of people to ensure a healthy and
productive governing community.
Moving forward, all proposals will be discussed openly and developed through a
formal governance process. This process is meant to be owned and developed
collectively by the Radicle community. More information can be found on
[https://radicle.community](https://radicle.community/).
---
**Additional resources**
[Why we chose to distribute PER using a Balancer Liquidity Bootstrapping Pool](https://medium.com/perpetual-protocol/why-we-chose-to-distribute-perp-using-a-balancer-liquidity-bootstrapping-pool-aac7f1ab6181)
[HydraDX FAQ](https://hydradx.substack.com/p/hydradx-faq)
[APY Finances' LBP Step by Step Guide](https://medium.com/apyfinance/apy-finances-lbp-step-by-step-guide-8a46d9ade88c)
[APY.Finance TGE on Balancer’s LBP (Liquidity Bootstrapping Pool)](https://medium.com/apyfinance/apy-finance-tge-on-balancers-lbp-liquidity-bootstrapping-pool-2690dd245a16)"
"# Liquidity Bootstrapping Pool
This is a proposal to make 3.75% of the Radicle token supply available for
interested parties within the Radicle community. It outlines a proposed
Liquidity Bootstrapping event on the decentralized exchange named
[Balancer](https://balancer.finance/), using a mechanism called [Liquidity
Bootstrapping
Pool](https://medium.com/balancer-protocol/building-liquidity-into-token-distribution-a49d4286e0d4).
The purpose of this distribution event is to:
a) Distribute the Radicle token among the wider Radicle community beyond early
contributors and team members.
b) Build deep liquidity for the Radicle network, setting it up for long-term
success.
Proceeds from the event will be controlled by the Radicle Treasury, a smart
contract fully controlled by the Radicle token holders. The proceeds **will
not** go directly to the core-team. Instead, they will be available for
distribution via governance of the Radicle Treasury.
Read more about the Radicle Treasury
[here](https://radicle.xyz/blog/introducing-rad.html).
**What is a Liquidity Bootstrapping Pool?**
Balancer’s Liquidity Bootstrapping Pool (LBP) is a Balancer pool that
automatically adjusts its pool weights over time. This applies downward price
pressure on the token and disincentivizes front-running, speculation and whale
buying. See Balancer’s [Liquidity Bootstrapping Pool
FAQ](https://docs.balancer.finance/smart-contracts/smart-pools/liquidity-bootstrapping-faq)
for more information.
**Why a Liquidity Bootstrapping Pool?**
The liquidity bootstrapping pool is a battle-tested mechanism for price
discovery and building liquidity. It’s been successfully used by numerous teams
including [Hydra](https://hydradx.substack.com/p/hydradx-faq), [APY
Finance](https://medium.com/apyfinance/apy-finance-tge-on-balancers-lbp-liquidity-bootstrapping-pool-2690dd245a16),
and [Perpetual
protocol](https://medium.com/perpetual-protocol/why-we-chose-to-distribute-perp-using-a-balancer-liquidity-bootstrapping-pool-aac7f1ab6181).
**How was this proposal discussed?**
This proposal was put together by a number of early contributors behind the
Radicle project. One of the main goals of this proposal is to distribute
governing power among a wider group of people to ensure a healthy and
productive governing community.
Moving forward, all proposals will be discussed openly and developed through a
formal governance process. This process is meant to be owned and developed
collectively by the Radicle community. More information can be found on
[https://radicle.community](https://radicle.community/).
---
**Additional resources**
[Why we chose to distribute PER using a Balancer Liquidity Bootstrapping Pool](https://medium.com/perpetual-protocol/why-we-chose-to-distribute-perp-using-a-balancer-liquidity-bootstrapping-pool-aac7f1ab6181)
[HydraDX FAQ](https://hydradx.substack.com/p/hydradx-faq)
[APY Finances' LBP Step by Step Guide](https://medium.com/apyfinance/apy-finances-lbp-step-by-step-guide-8a46d9ade88c)
[APY.Finance TGE on Balancer’s LBP (Liquidity Bootstrapping Pool)](https://medium.com/apyfinance/apy-finance-tge-on-balancers-lbp-liquidity-bootstrapping-pool-2690dd245a16)"
approve(address,uint256)approve(address,uint256)begin(uint256,uint256,address)"This is a proposal to make 3.75% of the Radicle token supply available for
interested parties within the Radicle community. It outlines a proposed
Liquidity Bootstrapping event on the decentralized exchange named
[Balancer](https://balancer.finance/), using a mechanism called [Liquidity
Bootstrapping
Pool](https://medium.com/balancer-protocol/building-liquidity-into-token-distribution-a49d4286e0d4).
The purpose of this distribution event is to:
a) Distribute the Radicle token among the wider Radicle community beyond early
contributors and team members.
b) Build deep liquidity for the Radicle network, setting it up for long-term
success.
Proceeds from the event will be controlled by the Radicle Treasury, a smart
contract fully controlled by the Radicle token holders. The proceeds **will
not** go directly to the core-team. Instead, they will be available for
distribution via governance of the Radicle Treasury.
Read more about the Radicle Treasury
[here](https://radicle.xyz/blog/introducing-rad.html).
**What is a Liquidity Bootstrapping Pool?**
Balancer’s Liquidity Bootstrapping Pool (LBP) is a Balancer pool that
automatically adjusts its pool weights over time. This applies downward price
pressure on the token and disincentivizes front-running, speculation and whale
buying. See Balancer’s [Liquidity Bootstrapping Pool
FAQ](https://docs.balancer.finance/smart-contracts/smart-pools/liquidity-bootstrapping-faq)
for more information.
**Why a Liquidity Bootstrapping Pool?**
The liquidity bootstrapping pool is a battle-tested mechanism for price
discovery and building liquidity. It’s been successfully used by numerous teams
including [Hydra](https://hydradx.substack.com/p/hydradx-faq), [APY
Finance](https://medium.com/apyfinance/apy-finance-tge-on-balancers-lbp-liquidity-bootstrapping-pool-2690dd245a16),
and [Perpetual
protocol](https://medium.com/perpetual-protocol/why-we-chose-to-distribute-perp-using-a-balancer-liquidity-bootstrapping-pool-aac7f1ab6181).
**How was this proposal discussed?**
This proposal was put together by a number of early contributors behind the
Radicle project. One of the main goals of this proposal is to distribute
governing power among a wider group of people to ensure a healthy and
productive governing community.
Moving forward, all proposals will be discussed openly and developed through a
formal governance process. This process is meant to be owned and developed
collectively by the Radicle community. More information can be found on
[https://radicle.community](https://radicle.community/).
---
**Additional resources**
[Why we chose to distribute PER using a Balancer Liquidity Bootstrapping Pool](https://medium.com/perpetual-protocol/why-we-chose-to-distribute-perp-using-a-balancer-liquidity-bootstrapping-pool-aac7f1ab6181)
[HydraDX FAQ](https://hydradx.substack.com/p/hydradx-faq)
[APY Finances' LBP Step by Step Guide](https://medium.com/apyfinance/apy-finances-lbp-step-by-step-guide-8a46d9ade88c)
[APY.Finance TGE on Balancer’s LBP (Liquidity Bootstrapping Pool)](https://medium.com/apyfinance/apy-finance-tge-on-balancers-lbp-liquidity-bootstrapping-pool-2690dd245a16)"
"This is a proposal to make 3.75% of the Radicle token supply available for
interested parties within the Radicle community. It outlines a proposed
Liquidity Bootstrapping event on the decentralized exchange named
[Balancer](https://balancer.finance/), using a mechanism called [Liquidity
Bootstrapping
Pool](https://medium.com/balancer-protocol/building-liquidity-into-token-distribution-a49d4286e0d4).
The purpose of this distribution event is to:
a) Distribute the Radicle token among the wider Radicle community beyond early
contributors and team members.
b) Build deep liquidity for the Radicle network, setting it up for long-term
success.
Proceeds from the event will be controlled by the Radicle Treasury, a smart
contract fully controlled by the Radicle token holders. The proceeds **will
not** go directly to the core-team. Instead, they will be available for
distribution via governance of the Radicle Treasury.
Read more about the Radicle Treasury
[here](https://radicle.xyz/blog/introducing-rad.html).
**What is a Liquidity Bootstrapping Pool?**
Balancer’s Liquidity Bootstrapping Pool (LBP) is a Balancer pool that
automatically adjusts its pool weights over time. This applies downward price
pressure on the token and disincentivizes front-running, speculation and whale
buying. See Balancer’s [Liquidity Bootstrapping Pool
FAQ](https://docs.balancer.finance/smart-contracts/smart-pools/liquidity-bootstrapping-faq)
for more information.
**Why a Liquidity Bootstrapping Pool?**
The liquidity bootstrapping pool is a battle-tested mechanism for price
discovery and building liquidity. It’s been successfully used by numerous teams
including [Hydra](https://hydradx.substack.com/p/hydradx-faq), [APY
Finance](https://medium.com/apyfinance/apy-finance-tge-on-balancers-lbp-liquidity-bootstrapping-pool-2690dd245a16),
and [Perpetual
protocol](https://medium.com/perpetual-protocol/why-we-chose-to-distribute-perp-using-a-balancer-liquidity-bootstrapping-pool-aac7f1ab6181).
**How was this proposal discussed?**
This proposal was put together by a number of early contributors behind the
Radicle project. One of the main goals of this proposal is to distribute
governing power among a wider group of people to ensure a healthy and
productive governing community.
Moving forward, all proposals will be discussed openly and developed through a
formal governance process. This process is meant to be owned and developed
collectively by the Radicle community. More information can be found on
[https://radicle.community](https://radicle.community/).
---
**Additional resources**
[Why we chose to distribute PER using a Balancer Liquidity Bootstrapping Pool](https://medium.com/perpetual-protocol/why-we-chose-to-distribute-perp-using-a-balancer-liquidity-bootstrapping-pool-aac7f1ab6181)
[HydraDX FAQ](https://hydradx.substack.com/p/hydradx-faq)
[APY Finances' LBP Step by Step Guide](https://medium.com/apyfinance/apy-finances-lbp-step-by-step-guide-8a46d9ade88c)
[APY.Finance TGE on Balancer’s LBP (Liquidity Bootstrapping Pool)](https://medium.com/apyfinance/apy-finance-tge-on-balancers-lbp-liquidity-bootstrapping-pool-2690dd245a16)"
"This is a proposal to make 3.75% of the Radicle token supply available for
interested parties within the Radicle community. It outlines a proposed
Liquidity Bootstrapping event on the decentralized exchange named
[Balancer](https://balancer.finance/), using a mechanism called [Liquidity
Bootstrapping
Pool](https://medium.com/balancer-protocol/building-liquidity-into-token-distribution-a49d4286e0d4).
The purpose of this distribution event is to:
a) Distribute the Radicle token among the wider Radicle community beyond early
contributors and team members.
b) Build deep liquidity for the Radicle network, setting it up for long-term
success.
Proceeds from the event will be controlled by the Radicle Treasury, a smart
contract fully controlled by the Radicle token holders. The proceeds **will
not** go directly to the core-team. Instead, they will be available for
distribution via governance of the Radicle Treasury.
Read more about the Radicle Treasury
[here](https://radicle.xyz/blog/introducing-rad.html).
**What is a Liquidity Bootstrapping Pool?**
Balancer’s Liquidity Bootstrapping Pool (LBP) is a Balancer pool that
automatically adjusts its pool weights over time. This applies downward price
pressure on the token and disincentivizes front-running, speculation and whale
buying. See Balancer’s [Liquidity Bootstrapping Pool
FAQ](https://docs.balancer.finance/smart-contracts/smart-pools/liquidity-bootstrapping-faq)
for more information.
**Why a Liquidity Bootstrapping Pool?**
The liquidity bootstrapping pool is a battle-tested mechanism for price
discovery and building liquidity. It’s been successfully used by numerous teams
including [Hydra](https://hydradx.substack.com/p/hydradx-faq), [APY
Finance](https://medium.com/apyfinance/apy-finance-tge-on-balancers-lbp-liquidity-bootstrapping-pool-2690dd245a16),
and [Perpetual
protocol](https://medium.com/perpetual-protocol/why-we-chose-to-distribute-perp-using-a-balancer-liquidity-bootstrapping-pool-aac7f1ab6181).
**How was this proposal discussed?**
This proposal was put together by a number of early contributors behind the
Radicle project. One of the main goals of this proposal is to distribute
governing power among a wider group of people to ensure a healthy and
productive governing community.
Moving forward, all proposals will be discussed openly and developed through a
formal governance process. This process is meant to be owned and developed
collectively by the Radicle community. More information can be found on
[https://radicle.community](https://radicle.community/).
---
**Additional resources**
[Why we chose to distribute PER using a Balancer Liquidity Bootstrapping Pool](https://medium.com/perpetual-protocol/why-we-chose-to-distribute-perp-using-a-balancer-liquidity-bootstrapping-pool-aac7f1ab6181)
[HydraDX FAQ](https://hydradx.substack.com/p/hydradx-faq)
[APY Finances' LBP Step by Step Guide](https://medium.com/apyfinance/apy-finances-lbp-step-by-step-guide-8a46d9ade88c)
[APY.Finance TGE on Balancer’s LBP (Liquidity Bootstrapping Pool)](https://medium.com/apyfinance/apy-finance-tge-on-balancers-lbp-liquidity-bootstrapping-pool-2690dd245a16)"