DAO to DAO Swaps

Following the discussion on Lobis forum, Lobis has launched a Snapshot vote on their side.

The idea would be to start with a small $150k swap and then repeat it every two weeks till $1m worth of ANGLE tokens and LOBIS have been swapped.

The price of the swap would be taken based on a 3 day vwap prior to each swap.

What we propose the Angle community to vote on is:

  • authorize a $150k swap and continuation every two weeks till $1m of ANGLE-LOBIS tokens have been swapped
  • authorize the first swap but require a vote for continuation and between each swap
  • do nothing