ults of the Council Voting: Sallar Pool Adjustments
Question: Are you in favor of adjusting the Sallar pool under the RugCheck and SolSniffer algorithms to improve the Sallar rating?
Current Setup:
- 1 wallet
- 100% unlocked
- No lock
Proposed Changes:
- 12 wallets
- Possible lock mechanism
Voting Outcome
The majority voted Yes to implement the proposed changes.
What Does This Mean?
1. Adding 12 Wallets to the Pool
The Sallar pool will be divided into 12 wallets. This ensures greater decentralization and aligns with the criteria set by RugCheck and SolSniffer, which prioritize diversified liquidity storage.
2. Testing the Lock Mechanism
A test will be conducted to determine how RugCheck evaluates locked liquidity. Specifically, we will burn the NFT LP token associated with 2% of the pool to simulate a locked state.
- If RugCheck recognizes this burn as a valid lock, up to 30% of the pool will be locked.
- If it does not, we will limit changes to adding wallets without additional locks.
3. No Changes to LP Value
The total value of the liquidity pool remains unaffected. These adjustments strictly modify the structure, not the capital.
Benefits of the Adjustments
- Improved Pool Ratings: A better score in RugCheck and SolSniffer algorithms strengthens the project’s credibility within the ecosystem.
- Enhanced Trust: A diversified and partially locked liquidity pool reflects positively on Sallar’s commitment to security and decentralization, attracting potential investors and partners.
Next Steps
The implementation of the approved plan will begin immediately. Updates on progress, including the results of the lock mechanism test, will be shared with the community.
By taking these steps, Sallar aims to establish a stronger foundation within the decentralized finance landscape, ensuring both transparency and resilience.
