As discussed in POL: ETH/bnUSD & BTC/bnUSD
first step to POL is to purchase BTC and ETH through Karma.
We propose to buy $25K ETH and BTCB from BALN tokens.
At this time that is:
165344 * 2 = 330688 BALN tokens.
The other parameters for Karma is:
- 10% max discount
- 1 month target period
- 7 days vesting period
Karma treasuries:
BTCB → BALN: cxc41013a6dcb1c47d2ac25e91d815d1f2d4d7b386
ETH → BALN: cxe29af3741195295cec69f90b3a0f9f4079e18524
Actions:
[
{
"address": "cx835b300dcfe01f0bdb794e134a0c5628384f4367",
"method": "disburse",
"parameters": [
{
"type": "Address",
"value": "cxf61cd5a45dc9f91c15aa65831a30a90d59a09619"
},
{
"type": "Address",
"value": "cxc41013a6dcb1c47d2ac25e91d815d1f2d4d7b386"
},
{
"type": "int",
"value": "165344000000000000000000"
},
{
"type": "bytes",
"value": "7B226D6574686F64223A2266756E64696E67227D"
}
]
},
{
"address": "cx835b300dcfe01f0bdb794e134a0c5628384f4367",
"method": "disburse",
"parameters": [
{
"type": "Address",
"value": "cxf61cd5a45dc9f91c15aa65831a30a90d59a09619"
},
{
"type": "Address",
"value": "cxe29af3741195295cec69f90b3a0f9f4079e18524"
},
{
"type": "int",
"value": "165344000000000000000000"
},
{
"type": "bytes",
"value": "7B226D6574686F64223A2266756E64696E67227D"
}
]
}
]
Test transaction:
https://tracker.icon.community/transaction/0x6c8eba69f729668322138704a5c92e137fee383c9dcf4437539ade2bae51e31b