This proposal seeks to correct the previously approved treasury allocation for CYBER liquidity seeding on Solana and Base. The initial transaction mistakenly requested cCYBER (staked CYBER and governance token) instead of CYBER. To expedite the correction, we propose temporarily adjusting governance parameters to shorten the voting delay and voting period. Once this proposal is executed, all governance settings will revert to their original state.
In the recently passed proposal, we requested 160,000 CYBER tokens from the DAO treasury to provide liquidity on Solana and Base. However, due to an unintended mistake in the transaction, the request was made for cCYBER instead of CYBER. To proceed correctly, we need to cancel the previous proposal and submit a new request for 160,000 CYBER tokens from the treasury.
To correct this issue efficiently, we propose the following temporary governance changes:
These adjustments will allow the proposal to move through the governance process more quickly. Once this proposal is passed and executed, all governance parameters will be restored to their original values.
This proposal is purely procedural and does not change the original intent or details of the previously approved liquidity seeding initiative. It ensures that the treasury allocation is executed correctly while minimizing delays. We appreciate the community's understanding and support in addressing this issue promptly.
The previous proposal, https://gov.cyber.co/proposals/4556327074767250472921078853926694849552378675473106879767012501879371202982 , passed with 99.8% voting for. However, that proposal accidentally targeted the wrong token contract ($cCYBER instead of $CYBER). This proposal fixes that. This should not be contentious given that the previous proposal passed with flying colours, so I am voting For.
