Executive Summary

This proposal seeks to correct the previously approved treasury allocation for CYBER liquidity seeding on Solana and Base. The initial transaction mistakenly requested cCYBER (staked CYBER and governance token) instead of CYBER. To expedite the correction, we propose temporarily adjusting governance parameters to shorten the voting delay and voting period. Once this proposal is executed, all governance settings will revert to their original state.

Background & Issue

In the recently passed proposal, we requested 160,000 CYBER tokens from the DAO treasury to provide liquidity on Solana and Base. However, due to an unintended mistake in the transaction, the request was made for cCYBER instead of CYBER. To proceed correctly, we need to cancel the previous proposal and submit a new request for 160,000 CYBER tokens from the treasury.

Governance Parameter Adjustments

To correct this issue efficiently, we propose the following temporary governance changes:

1. Voting Delay: Reduce from 48 hours → 1 hour
2. Voting Period: Reduce from 168 hours → 72 hours

These adjustments will allow the proposal to move through the governance process more quickly. Once this proposal is passed and executed, all governance parameters will be restored to their original values.

Specifications & Execution Plan

1. Cancel the previous treasury transaction requesting cCYBER.
2. Submit a new transaction requesting 160,000 CYBER tokens for liquidity seeding.
3. Temporarily adjust voting parameters to expedite execution.
4. Revert governance settings to their original state upon completion.

Success Criteria

• Previous transaction is successfully canceled.
• Correct CYBER token allocation is executed.
• Governance settings are restored without disruption to DAO operations.

Conclusion

This proposal is purely procedural and does not change the original intent or details of the previously approved liquidity seeding initiative. It ensures that the treasury allocation is executed correctly while minimizing delays. We appreciate the community's understanding and support in addressing this issue promptly.