Comment on page
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.
Last modified 4mo ago