Prop 33: Astrovault - POL for Airdrop

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

• By voting yes, you agree with the proposal and would like to see it passed
• By voting no, you disagree with the proposal and would not like to see it passed in its current state
• By voting abstain, you are recognizing this proposal is irrelevant to you and would not want your vote to be counted in either direction
• By voting no with veto, you fundamentally disagree with the proposal and would not like to see it reworked nor revisited