{"address":"0x19B3Eb3Af5D93b77a5619b047De0EED7115A19e7","sig":"0x","hash":"0x7394343976fd800359ef5455bd5aed7b34289c65dba10209060ff86be1e84646","data":{"types":{"Proposal":[{"name":"from","type":"address"},{"name":"space","type":"string"},{"name":"timestamp","type":"uint64"},{"name":"type","type":"string"},{"name":"title","type":"string"},{"name":"body","type":"string"},{"name":"discussion","type":"string"},{"name":"choices","type":"string[]"},{"name":"start","type":"uint64"},{"name":"end","type":"uint64"},{"name":"snapshot","type":"uint64"},{"name":"plugins","type":"string"},{"name":"app","type":"string"}]},"domain":{"name":"snapshot","version":"0.1.4"},"message":{"app":"snapshot","end":1690909200,"body":"This proposal’s expectation is to produce a community signal. Full details and discussions thus far can be found at:\n\nhttps://forum.sushi.com/t/strategic-cooperation-with-dwf-labs/12047\n\nSynopsis:\n\nDWF Labs a large prop HFT shop and global digital asset market maker is proposing an opportunity to work together to help bolster V3 liquidity, and the trading depth of the SUSHI token.\n\nWith DWF, a long term partnership will be formed around increasing the liquidity of V3. Which will include at a minimum, $1.6m of added liquidity to these pairs (pairs may be subject to change):\n\n+ WETH/USDT\n+ WETH/USDC\n+ LDO/WETH\n+ LINK/WETH\n+ SUSHI/WETH\n+ WBTC/WETH\n+ BLUR/WETH\n+ MATIC/WETH\n+ SNX/WETH\n+ COMP/WETH\n\nDWF is also committed to reaching the following market share (DWF Labs trading volume vs SushiV3 trading volume):\n\n+ 3% within 3 months\n+ 6% within 6 months\n+ 10% within 9 months\n\nAlongside V3 liquidity, DWF Labs is also proposing to support SUSHI on the following exchanges, with market making support with added market depth (±2%):\n\n+ Binance USDT and BUSD pairs: 100k$\n+ OKX USDT pair: 75k$\n\nFrom the Sushi side, DWF Labs is seeking these resources to initiate the partnership:\n\n+ Loan of 2M SUSHI tokens for market making\n+ Maturity 24 months\n+ DWF Labs pays 5% annualized yield, paid every 4 weeks in USDT to SUSHI Treasury\n\nWith a European Call Option (that can be exercised only at the end of the agreement) with the following structure and Strike prices (⅓ of the loan each one):\n\n+ Strike price 1: 125% of a spot price on a day of receiving the loan\n+ Strike price 2: 175% of a spot price on a day of receiving the loan\n+ Strike price 3: 200% of a spot price on a day of receiving the loan\n\nTLDR:\n\nDWF and Sushi will cooperate together with DWF Labs providing additional V3 liquidity and market making support. A 2m SUSHI loan will be used for the market making w/ a maturity of 24 months - 5% annualized yield, paid every 4 weeks in USDT to Sushi Treasury. A call option will be used for the incentive for DWF Labs w/ a strike price for increased SUSHI spot price that follows: 125%, 175%, 200%.","from":"0x19B3Eb3Af5D93b77a5619b047De0EED7115A19e7","type":"single-choice","space":"sushigov.eth","start":1690296077,"title":"Strategic Cooperation with DWF Labs [Signal]","choices":["Yay","Nay"],"plugins":"{}","snapshot":17770765,"timestamp":1690296077,"discussion":"https://forum.sushi.com/t/strategic-cooperation-with-dwf-labs/12047"}}}