Hola Aquafarmers
We’re excited to announce that we’ve successfully completed the launch of the 12 month core team financing loan as specified in Proposal 54 app.liqwid.finance/governance/pro
Some key data points on the position:
- It's backed by ~9,930,121 LQ (~$9,874,512)
- It's currently made up of 646,000 ADA (~$250,000)
- It has an approximate health factor of ~27.64.
- The core team will increase the debt position by $250,000 monthly until reaching the proposed $3,000,000.
With the completion of the core team financing loan, the updated circulating supply has been increased to 86.61%