proxyswap

@proxyswap core contributors have published a proposal to the DAO for discussion 

as this is a significant proposal (migrate the $PROXY token from DL3 to Base prior to the launch of our new social dex product) we'll have a 48 hour discussion period prior to moving to a vote. 

please feel free to drop any questions in the replies!

Swap or Provide Liquidity on Degen L3 & Hamchain | proxyswap.tips

@proxyswap core contributors have published a proposal to the DAO for discussion 

as this is a significant proposal (migrate the $PROXY token from DL3 to Base prior to the launch of our new social dex product) we'll have a 48 hour discussion period prior to moving to a vote. 

please feel free to drop any questions in the replies! 

https://paragraph.xyz/@proxystudio.eth/proxyswap-dao-proposal-2

working on the studio, dao, bot 

@clanker

In support of this. Base is the obvious choice to solve liquidity issues and I agree that ETH is the gold standard in terms of trading pairs. 

How would a move work though, if proxy is PROXY/DEGEN and you want PROXY/WETH, the only real way to achieve this without new ETH is to sell DEGEN in the LP?

77 $DEGEN

Fully Onchain Builder

https://www.apexdeployer.xyz/

ideally can accomplish this without selling DEGEN from our LP. 

I will likely personally seed a PROXY / WETH pair, and we'll bridge the DEGEN from the LP and maintain a PROXY / DEGEN pair as well. 

we also plan (subject to approval) to partner with @rebase to incentivize proxy/weth to kickstart the LP

yep, team controls ~2.3m and the rest is in the DEGEN/PROXY vault on Rivera. Hoping that some of that would flow directly to our new vault on Base. 

we'll start with Rebase, and then continue with longer term $PROXY incentives on PROXY/WETH.

Ah ok, LP isn't as "high" as I thought, 5 millon DEGEN in total I think? 

Not a small amount, but could be subbed easier than I initially though. 

Will definitely be LP'ing if / when you come to Base.