Next stage of providing liquidity and allocation of available funds #53
SasoLithops
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Hi!
Based on our previous GitHub discussion https://github.com/orgs/ktondao/discussions/52 and subsequent feedback in the Kton DAO Telegram channel, we propose the following options to move forward:
1. Liquidity Consolidation on Snowswap
Following our discussions with the Snowswap team, they have expressed a willingness to support the maintenance of the Snowswap DEX. To ensure the most seamless and user-friendly experience, we propose consolidating all KTON/RING liquidity on their platform. This approach would involve migrating all current liquidity from the Base network back to the Darwinia Chain on Snowswap.
2. Allocation of Available Funds
Approximately 3,000,000 RING tokens are available in the treasury. We propose the following allocation to optimize our strategy:
2,000,000 RING dedicated to the KTON buyback and liquidity provision:
1,000,000 RING (plus any surplus funds accumulated) to purchase cbBTC (to fund future development and diversify assets).
⏱️ Notice: This poll will remain open for 2 weeks (ending on Sunday, June 7, 2026).
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