0x057928bc…4048sent to0xaa6bfa17…258e·#22,118,702·view on Etherscan
{"title":"Deploy & Fund A SHU/WETH Pool on Aerodrome on Base","description":"\n## Proposal\n\nDeploy and fund a SHU/WETH pool on Aerodrome on Base\n\n## Background\n\nThis proposal builds on the following proposal: [Hire A Dev House to Bring SHU to Base and Deploy a Safe on Base](https://shutternetwork.discourse.group/t/hire-a-dev-house-to-bring-shu-to-base-and-deploy-a-safe-on-base/579)\n\n## Rationale\n\nAfter bringing SHU to Base, Shutter DAO 0x36 should create a liquidity pool on a decentralized exchange (DEX) in order to facilitate the purchase and sale of SHU on Base.\n\nAerodrome is the most popular spot DEX on Base. The brand is widely trusted and the user experience is familiar to most traders. (https://defillama.com/chain/Base)\n\nMost trading pairs on Base are X/WETH.\n\n## Implementation\n\n* Shutter DAO 0x36 transfers the SHU and USDC to its market maker (or a trusted member of Shutter DAO 0x36) on Ethereum mainnet.\n* Market maker applies for listing of SHU token on Aerodrome\n* Market maker bridges SHU and USDC to Base (ChainID: 8453(0x2105)).\n* Market maker swaps USDC for WETH.\n* Market maker deploys and funds a SHU/WETH pool on Aerodrome on Base.\n* Market maker transfers unused SHU and/or WETH to the Safe on Base controlled by Shutter DAO 0x36.\n* Market maker transfers Areodrome LP tokens to the Safe on Base controlled by Shutter DAO 0x36.\n\n## Funding the SHU/WETH Pool\n\nTokens to be transferred to the market maker on Ethereum mainnet:\n\n* 8,000,000 SHU\n* 100,000 USDC\n\nThe SHU to be transferred to the market maker on Ethereum mainnet is intentionally too high. The exact amount of SHU and WETH used to fund the Aerodrome pool on Base will depend on 1) the market price of WETH when swapping USDC to ETH, and 2) the market price for SHU on Ethereum mainnet. As stated above, the market maker will transfer unused SHU and/or WETH to the Safe on Base controlled by Shutter DAO 0x36.\n\n## Platform\n\nDecent (If passed and executed, this proposal will trigger on-chain transaction(s).)\n\n## Voting Options\n\nVote “FOR” to if you support deploying and funding a SHU/WETH pool on Uniswap v3 on Base\n\nOR\n\nVote “AGAINST” if you do not support this proposal\n\nOR\n\nVote “ABSTAIN” if you do not have an opinion but want to help the vote reach quorum\n\n\n","documentationUrl":"https://shutternetwork.discourse.group/t/deploy-fund-a-shu-weth-pool-on-aerodrome-on-base/581"}