Motivation
Since the Maxi Q2 funding proposal gas prices on Ethereum have significantly increased. The course of our regular on-chain operations now easily consume more than half an ETH on a weekly basis. We’ve tried to cut some costs by offloading as much ethereum pool creation as possible onto third parties - zekraken even spun up this simple UI to make that easier so balpy isn’t required. That said, most things we do simply have to be done by us.
As this is becoming a more significant cost it’s important to bring transparency to how this is being spent. We will commit to exploring a framework for reporting how gas is spent to the community - a dune dashboard is probably the ideal solution. If for some reason this is not possible some alternative will be presented in follow on funding requests.
For now we request 10 WETH from the treasury which we hope will last until the end of Q2.
Specification
If approved, the DAO Multisig eth:0x10A19e7eE7d7F8a52822f6817de8ea18204F2e4f will transfer 10 WETH to the Maxi Operations safe eth:0x166f54F44F271407f24AA1BE415a730035637325