This proposal has been submitted by Alameda. Co-authored with cateatpeanut.eth from Windranger.

Background

Alameda is a quantitative trading firm bringing expertise from Wall Street and Silicon Valley to provide liquidity in crypto markets worldwide. Alameda is also an investor in FTX, a top tier crypto exchange, and a holder of their exchange token, FTT (https://ftx.com/intl/ftt).

Terms

• 100,000,000 AGV tokens (~1% total supply) for 3,362,315 FTT tokens (~1% total supply)
• Tokens transferred immediately if the proposal passe
  • FTT to AGV Treasury address:
    0x78605df79524164911c144801f41e9811b7db73d
  • AGV to Alameda address:
    0x84D34f4f83a87596Cd3FB6887cFf8F17Bf5A7B83
• Public commitment not to sell each other's tokens for 3 years.

Why this makes sense for Alameda

• We hold a similar vision for a decentralized and tokenized economy.
• Astra Guild Venture has an open mandate and proposal process, and is massively scalable through the creation of specialized Autonomous Entities (such as artist guilds, farming cooperatives, ecosystem funds). AGV is likely to be the world's largest and most influential AGVs. Alameda wants to contribute to proposals and have voting power through Astra Guild Venture.

Why this makes sense for AGV

• Alameda can bring great ideas and proposals. Astra Guild Venture is open to all ideas and is chain and project agnostic. It is up to AGV token holders to approve and reject proposals.
• Alameda is a reputable and significant player in the crypto industry, with a track record of supporting builders, and executing on ideas.
• Exposure to Alameda and to the FTT community.
• Exposure to FTX performance through FTT. A great addition to the existing By AVG pledge.
• Media coverage around this swap.