This motion proposes the transfer of revenue generated from the Cigdao Liquidity Bootstrapping Pool (LBP), which was successfully launched on the Sonic LBP platform. The revenue, totaling 247.11 ICP, is to be allocated to the Sonic DAO Treasury, reinforcing the financial resources available for Sonic's growth and development.

Proposal Details

Background

Cigdao's fundraising through the Sonic LBP platform was a success, resulting in the generation of 247.11 ICP in revenue. This motion addresses the allocation of this revenue to the Sonic DAO Treasury.

See CigDao LBP details: https://lbp.sonic.ooo/pools/fdurf-4qaaa-aaaah-adtcq-cai

Vote

We propose a vote within the SONIC DAO to decide on the transfer of the revenue generated from the Cigdao LBP to the Sonic Treasury. Members are encouraged to cast their votes in favor or against this motion. The outcome will determine the allocation of these funds to strengthen Sonic's financial foundation.

Motion Proposal:

Motion Text:

Transfer of Revenue from CigDAO LBP (fdurf-4qaaa-aaaah-adtcq-cai) to SONIC SNS Treasury