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David Johnston
@djohnston
Update to Protocol Owned Liquidity, Now 75% Used To Buy MOR TLDR: - stETH is collected and swapped to wETH every week. - 75% of the resulting wETH is used to swap for MOR from the Uniswap pool. - The remaining 25% of wETH would be paired with the 25% MOR as a full range liquidity position on Uniswap. - The 50% remaining MOR that were purchased are held in the POL and NOT deposited back into liquidity or burned. Full Text on Github https://github.com/MorpheusAIs/MRC/blob/main/MRC43.md Discussion on Discord: https://discord.com/channels/1151741790408429580/1251996463127593141
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