0x58118c84…d12bsent to0x440d9d4e…5591·#21,317,892·view on Etherscan
# Deploy the UnlockDAO Mainnet liquidity to Base Pool through ICHI vault
**Proposal to Deploy ETH Protocol-Owned Liquidity (PoL) via ICHI Vault and Uniswap v3**
**Overview**
This proposal recommends that 90% of the ETH Protocol-Owned Liquidity (PoL) bridged to Base be deployed into an ICHI single-sided vault (0xF349Fa49651d5ae67771B61840c4CCC7a2565764) as 100% ETH, while 10% be allocated to a full-range position in the Uniswap v3 ETH pool on Base. This deployment is contingent upon the passing of the linked Unlock DAO proposal.
**Proposed Allocation**
1. **90% in ICHI Vault (100% ETH):**
The majority of the PoL would be deployed into the ICHI vault, leveraging its automated liquidity management tools and capital efficiency.
2. **10% in Uniswap v3 Full Range Pool:**
A smaller portion of the PoL would be allocated to the Uniswap v3 pool to maintain broad liquidity availability and support ecosystem growth.
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### **Why ICHI Vaults Are Favorable**
1. **Automated Liquidity Management:**
* ICHI vaults provide automated rebalancing and optimization, reducing the operational overhead associated with manually maintaining positions.
2. **Impermanent Loss Mitigation:**
* A single-sided vault with 100% ETH minimizes exposure to impermanent loss compared to traditional LP strategies.
3. **Fee Revenue Maximization:**
* Concentrated liquidity strategies in ICHI vaults generate higher fees per dollar deployed, improving the overall yield on the PoL.
4. **Improved Capital Efficiency:**
* Deploying ETH through ICHI enables the DAO to achieve greater liquidity depth per dollar compared to full-range manual positions.
5. **Scalability and Flexibility:**
* ICHI vaults are built for seamless scalability, making it easier for the DAO to adjust deployments as needed with minimal manual intervention.
6. **Sustainability of DAO Operations:**
* The yield generated by the ICHI vault supports sustainable DAO operations, aligning with long-term treasury growth goals.
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### **Conclusion**
Deploying 90% of the bridged PoL to the ICHI vault ensures efficient and sustainable liquidity management, while the 10% allocation to Uniswap v3 maintains ecosystem alignment. This approach optimally balances operational simplicity, yield generation, and ecosystem support.
If you have any questions you can direct them to discord- ichi\_nik or TG - nik\_so\_lo