The ATP platform recently upgraded the Agent Governance Module to enable the deployment of Agent Contract held token assets.
We can now proceed to activate IQYIELD’s capacity to convert IK's 24M+ IQYIELD tokens into the IQYIELD protocol's hiIQ position.
The easiest way to execute IK's next phase is for the StarSeeds Liquidity Protocol to execute the necessary transactions:
Transfer IQ tokens and LP NFTs to IQYIELD protocol multisig wallets.
Request via another proposal a reimbursement transfer to StarSeeds Protocol of 10.3M QYIELD
This proposal is pre-agreement to reimburse the StarSeeds Liquidity Protocol for 10.3M IQYIELD after the following actions are completed:
Convert 500K IQYIELD to IQ via Odos.
Transfer 4M IQYIELD to IQYIELD Fraxtal Multisig.
From the Fraxtal Multisig, place an order to swap 2M IQYIELD to IQ over 90 days via TWAMM swap on Fraxswap V2.
From the Fraxtal Multisig, deposit 2M IQYIELD into an IQYIELD-IQ concentrated liquidity position with swap ranges between 0.0025 and 0.0075 IQ per IQYIELD.
The 10.3M reimbursement includes the 5.8M IQYIELD already spent by the StarSeeds Liquidity Protocol on the IQYIELD Protocol's current hiIQ position.
| Target | Function | Value | Parameters |
|---|---|---|---|
| 0 Tokens |
| Type | Progress | Value |
|---|---|---|
| Quorum | / 15.00M | |
| For | 100.00% | |
| Against | 0.00% | |
| Abstain | 0.00% |
| Voter | Vote | Weight | Comment |
|---|---|---|---|
| For | This proposal is critical to the continued development of IK. |
| Voter | Vote | Weight | Comment |
|---|---|---|---|
| For | This proposal is critical to the continued development of IK. |
Fraxtal