Jan 21, 2022 - Prize Liquidity and Exec-Team Budget (52&53)

[underthesea]

ETH SAFE: Safe{Wallet}
46 Unwrap 377,600 scUSDC
47 deposit 50,000 USDC into the YieldSourcePrizePool to the PrizeDistributor
48 approve POOL for deposit to the MATIC official bridge
49 deposit 3,240 POOL bridged to Polygon
50 approve USDC for deposit to the MATIC official bridge
51 deposit 327,600 USDC bridged to Polygon

POLY SAFE: Safe{Wallet}
17: deposit 327,600 USDC into the YieldSourcePrizePool to the PrizeDistributor

AVAX SAFE: Safe{Wallet}
16: depositTo 49,999.1 USDC into the YieldSourcePrizePool to the PrizeDistributor

*note USDC exec-team compensation budget was deposited to the prize pool

Queued: underthesea
Signers: underthesea, Kames, Leighton, Lonser, Pierrick, Brendan, Gio.eth, aodhgan
Executed: underthesea, aodhgan (avax)

ETH: 0.1701502774
MATIC: 0.0237283
AVAX: 0.0533546

PTIP 52&53 for reference

PTIP-52: Additional 30 Days of Prize Subsidies

Simple Summary PoolTogether needs to transfer prize liquidity into the V4 Prize Distributors. This proposal will transfer sponsorship tokens to the executive team, who will distribute the tokens appropriately. Abstract This proposal will transfer $350k ScUSDC to the Executive Team. Motivation PoolTogether is currently subsidizing prizes across all V4 prize pools. Because liquidity is being consumed faster than interest builds, we need to explicitly transfer tickets into the Prize Distribu…

PTIP-53: Executive Team Budget

Summary This proposal will fund the Executive Team for 6 months. The Executive Team will operate according to the structure outlined below. Executive Team The Executive Team controls key PoolTogether V4 smart contracts using Gnosis Safes that are deployed across Ethereum, Polygon, and Avalanche. The members and required confirmations for each Safe are identical. Executive Team Ethereum Safe Executive Team Polygon Safe Executive Team Avalanche Safe Current Membership The current executive …