Proposal #4 for trading KINIC tokens for CYCLES through the CYCLES-TRANSFER-STATION.
Greetings KINIC DAO,
This proposal is the fourth proposal in this series for trading KINIC tokens for CYCLES through the CYCLES-TRANSFER-STATION market.
Now that the order has been placed by the previous proposals, this proposal is to configure the KINIC governance canister to be able to withdraw the CYCLES received for the trade when matching orders are made. This proposal adds the ability for the KINIC governance canister in future proposals to call the cycles_out method on the CTS-CYCLES-BANK, withdrawing the cycles onto the KINIC canisters.
Proposal to add new NervousSystemFunction:
Function:
NervousSystemFunction {
id: 101001,
name: "Call the cycles_out method on the CYCLES-TRANSFER-STATION CYCLES-BANK.",
description: None,
function_type: Some(
GenericNervousSystemFunction(
GenericNervousSystemFunction {
target_canister_id: Some(
wwikr-gqaaa-aaaar-qacva-cai,
),
target_method_name: Some(
"cycles_out",
),
validator_canister_id: Some(
wwikr-gqaaa-aaaar-qacva-cai,
),
validator_method_name: Some(
"sns_validate_cycles_out",
),
},
),
),
}