DAO Proposal: Bridging BabyDoge Treasury Tokens for Solana Liquidity
Proposal Summary
This proposal seeks to withdraw either $500,000 or $1 million worth of BabyDoge tokens from the treasury to bridge and deploy as liquidity on the Solana network. The goal is to enhance BabyDoge’s presence within the Solana ecosystem, creating better trading options and cross-chain functionality for the community.
Circulating Supply Integrity
It is important to note that bridging BabyDoge tokens from the BNB Chain to Solana will not alter the overall circulating supply. Our bridging mechanism operates through a lock-and-unlock process. Tokens moved from the BNB Chain are locked there while being unlocked on the Solana side (or vice versa). This maintains consistent token supply and preserves the integrity of our economic model, while also enabling effective liquidity expansion across chains.
User Benefits
This bridging initiative also brings direct benefits to our community members. Specifically, transfers of 100 billion BabyDoge tokens or more will be gas-free, which, at current rates, equates to roughly $240. This ensures a cost-effective and seamless user experience, making BabyDoge on Solana more accessible and attractive for holders.
Bridge Launch Status
Our BabyDoge bridge is currently live internally, having been tested extensively with positive results. Public release is planned within the next few days. To ensure sufficient liquidity is ready for users upon launch, this proposal is being put to a swift one-day vote.
Voting Options
• Option A: Approve $500,000 worth of BabyDoge tokens for bridging and liquidity deployment on Solana - half SOL
• Option B: Approve $1,000,000 worth of BabyDoge tokens for bridging and liquidity deployment on Solana - half SOL
Final Thoughts
We invite all community members to participate in this important decision. Your involvement will directly influence BabyDoge’s cross-chain growth and strengthen our position in the Solana ecosystem. Thank you for being an essential part of BabyDoge’s journey.
VOTE HERE:
