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The proposal of HiFi No. 6 is online, and it can be in the long run, and the short-term 1U is faster than whom.
Rationale: The proposal will allow Hifi DAO to purchase and have liquidity financed by a new token offering.
Ownership: The liquidity gained will be fully owned by the HIFI token holders, adding valuable support to the HIFI tokens. No resources will be allocated to Hifi Labs.
Research and observation: The decision was supported by research into various DeFi protocol liquidity schemes. Key findings highlight the importance of market timing, the potential use of economic incentives, and the success of systems that leverage time in programming.
Criteria: The proposal aims to prevent negative outcomes such as unnecessary token emissions during a recession. It emphasizes sustainable resource allocation over time and avoids discounts.
Budget: 2M HIFI per month for ten months.
Refund: Participants have the option to get a full refund after one year. Denominated in USDC or hUSDC tokens.
Management: Managed by Hifi Labs.
Participant Eligibility: KYC compliance, restrictions for U.S. Jushi (accredited investors only) and a minimum trade size of 100K USDC or USD are required.