ICP Dashboard

Transfer MIF LP and ICRC-1 Contract Control to Sneed DAO

Summary

This motion proposal was submitted to the Sneed Founding Team:

As a follow up to accepted motion proposal #52, motokowifhat (MIF), as part of Sneed DAO, would like to transfer its Liquidity Pool (LP) (50% of total supply) control to Sneed DAO. In this way Sneed DAO will act as custodians and guarantee that the LP will be rugproof.

Additionally, MIF proposes that Sneed DAO acts as contract custodians by handing over ICRC-1 contract control to Sneed DAO. All contract changes will be vetted by the Sneed DAO, essentially blackholing the canister in a sense.

If this proposal is accepted, the main MIF LP NFT on ICPSwap will be transferred to the Sneed DAO DeFi canister, ensuring a decentralized LP safety.

Payload

Motion Proposal:

Motion Text:

Overview