Did you read the part of the proposal where if it passes the DAO is going to deploy 50 ETH + equivalent value of SPS to build a v3 position? At today's price that is roughly $266,000 of liquidity going to build a new SPS:ETH pool on the Ethereum blockchain. It's almost no practical change in available liquidity, we just stop paying a million SPS per month to rent liquidity and the DAO would start earning the fees on what little trading volume there is on ETH.
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happy camper. cheers
this makes sense.