Archway Proposal: #33

Astrovault - POL for Airdrop

Status:
Rejected
No37.5%

Turnout:86.30%

Quorum:33.40%

Yes: 33.9%

132,736,084 ARCH

No: 37.5%

147,190,817 ARCH

No With Veto: 1%

3,839,685 ARCH

Abstain: 27.6%

108,263,722 ARCH

Voting Period

  -  

Deposit End

Submit Time

Description

Type

Spend Proposal

Introduction

The proposal aims to bootstrap Astrovault’s protocol owned liquidity with ARCH to better facilitate on-chain liquidity. In turn, Astrovault will allot 10M AXV tokens from the TGE (5% of supply) to the Archway Foundation to airdrop it to the community.

Proposal Details

Funds will be sent directly to Astrovault’s POL. None of this ARCH will be sold. This is not funding for Astrovault team. This is further bootstrapping liquidity on the Archway chain, and securing ARCH as the primary base liquidity asset.

Read the full proposal and join the discussion on the Archway forum:
https://gov.archway.io/t/astrovault-pol-for-airdrop/398

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Budget Request

5,568,011 ARCH

Voting Options