Josh
40 posts

Josh
@BostonBlocka508
Massachusetts Born , Portuguese American 🇵🇹 . BSN to MSN. ⛳️ 🏂 🏍️












This would wipe out nearly all wallets overnight. Trust, Meta, Phantom, even Solana Mobile, none of them are even close to complying based on that wording. It would kill defi in one fell swoop because carrying out KYC/AML and fulfilling regulatory obligations on decentralised wallets is basically impossible. Essentially we’d be left with whatever tokens are supported by regulated CEX’s and nothing else. We strongly presume the wording of this is an overshoot and we’ll see an update soon with proper confirmation.


Cedar Dual Proposal: Liquidity Injection Options Thank you to everyone who participated in the recent vote on Proposal #1. The community overwhelmingly chose to decline that path, and we truly appreciate the thoughtful feedback and engagement. To move forward, we’re presenting two updated proposals, Proposal #2 and Proposal #3, which aim to stabilize and strengthen our liquidity. For the sake of fairness and transparency, both proposals will be available for voting simultaneously on Nation, and you are welcome to vote on both. Proposal #2: Solana Rewards Wallet Injection This option injects the full contents of the Solana (New) rewards wallet (391 SOL) and the Solana Ops wallet (354 SOL) into the Cedar AMM pool on Raydium v2. Total Injection: 745 SOL approximately ($138k at current market value) price may fluctuate. Wallets Used: Solana (New) Rewards Wallet (391 SOL) 3o61UvQYoeNUvR3cxESQZTQMLDRXJ2jhsreRjpDZZBvP Solana Ops Wallet (354 SOL) BCR7bYoBt6DRuj6YXZHHDaKxKTGnvbum8zxAfQsWWPPx Note: BSC Ops wallet and legacy rewards remain untouched under this option. Goal: A more robust liquidity pool to help ensure Cedar’s sustainability, while still preserving 100% of the legacy rewards for future use. Note: SOL’s price is subject to market fluctuations. —— Proposal #3: Full Liquidity Plan (Including Legacy Rewards) Proposal 3 builds on Proposal 2 by including funds from the legacy rewards wallet to bring the total liquidity injection to approximately 1,347 Solana. Approximate total market value: $250K, based on the current SOL price. - Same 745 SOL from Proposal 2 - Plus: An additional 602 SOL from the legacy rewards wallet (approximately $112K at the time of this post), bringing the combined total across all three wallets to roughly $250,000, based on the current market price of Solana. This would leave 856 SOL, approximately $159,000 in the legacy rewards wallet. Solana (Legacy) Rewards Wallet BKB8hQSjSm2PJ3hmZg2mAhqDMPfuBEEGEV8gfa1S39y6 Note: BSC Ops wallet remains untouched under this option. Goal: A more robust liquidity pool to help ensure Cedar’s sustainability, while still preserving a sizable portion (58.72%) of legacy rewards for future use. Note: SOL’s price is subject to market fluctuations. —— In the event of a tie, the proposal with the higher voting quorum percentage will be adopted. How to Vote - Both proposals will be live on Nation, using the same simple Yes/No voting format. - There’s no token lock-up, and you can vote on one or both proposals. - Use your dApp browser (e.g. in Phantom) and paste the link. - Tap the menu → Login → Find Proposal #2 and Proposal #3 → Vote! This is your project, and your voice matters. Let’s work together to build a stronger Cedar. Vote Now at Nations: (both proposals) #proposals" target="_blank" rel="nofollow noopener">nation.io/a/cedarDAO#pro…















