Archway Proposal: #37

Transfer 6M ARCH to Liquidity Council mSig

Status:

Passed

Yes89.7%

Turnout:78.26%

Quorum:33.40%

Yes: 89.7%

348,847,208 ARCH

No: 0%

19,184 ARCH

No With Veto: 0%

0 ARCH

Abstain: 10.3%

39,955,627 ARCH

Voting Period

Deposit End

Submit Time

Description

This proposal seeks to receive 6,000,000 ARCH to provide the Liquidity Council with the funds necessary to comply with proposal #32, which established a budget increase of $1,000,000 worth of ARCH and that existing liquidity recipients be topped up to the new 300k USD limit set.

The amount of ARCH was calculated based on a 7-days TWAP and rounded to 6M. The funds will be dispersed directly to the Liquidity Council mSig.