> For the complete documentation index, see [llms.txt](https://docs.lifinity.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.lifinity.io/flares/buyout.md).

# Buyout

On July 4, 2023, Lifinity DAO and Flare DAO voted for Lifinity DAO to buy out Flare DAO's liquidity in Lifinity's pools as well as their idle funds. They were purchased using LFNTY from Lifinity DAO's treasury, using LFNTY's intrinsic value at the time as the price. Flare DAO locked the LFNTY received for veLFNTY, which became its new source of revenue.