WIP-Draft: LIF to Gnosis Chain Migration

src/WIP-Draft - LIF to Gnosis Chain Migration.md

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+# WIP-Draft: LIF to Gnosis Chain Migration
+
+  > * WIP: <to be assigned when moved to phase 2>
+  > * title: LIF to Gnosis Chain Migration
+  > * author: mfw78 <mfw78@protonmail.com>
+
+## Summary
+
+Determine the path forward with migrating `LIF` liquidity from mainnet to Gnosis Chain.
+
+## Motivation
+
+To give certainty to the market, establishing a process by which the `LIF` liquidity will be migrated to Gnosis Chain. Gnosis Chain allows for stablecoin-denominated transactions, delivering certainty to service providers and consumers when onboarding real-world services.
+
+This `WIP` provides clarity over the process by which this migration is to happen.
+
+## Specification
+
+At the implementation block, the following will happen:
+
+1. `LIF1` is paused.
+2. `LIF2` is stopped (claimable) and paused.
+3. A snapshot is taken of all `LIF2` holders.
+4. A snapshot is taken of all `LIF1` holders.
+5. A snapshot is taken of all `LIF1` holders in `etherdelta` and `IDEX`.
+6. A snapshot is taken of all `LIF1` holders who haven't claimed their "stuck balances" from the `LIF2` contract.
+7. All smart contracts from (4), excluding those from (5) have their corresponding `LIF2` airdropped on Ethereum mainnet. **WARNING: NO ADDITIONAL SMART CONTRACTS FROM THE DATE OF RELEASE OF THIS DRAFT WILL BE CONSIDERED FOR DIRECT AIRDROP OF `LIF2` ON ETHEREUM MAINNET IN ORDER TO PREVENT ABUSE OF THIS MIGRATION.**
+8. The sum of tokens for all non-smart contract holders from (3) will be bridged in one batch to a permissionless airdropper contract on Gnosis Chain so tokens are never in the custody of an `EOA`. The team will then execute all the airdrops, such that any existing `LIF2` holder does not need to take any action to have their tokens available on Gnosis Chain.
+9. The sum of `LIF2` tokens to meet claimable requirements for non-smart contract `LIF1` holders from (4), (5), and (6) will be bridged to a permissioned airdropper contract on Gnosis Chain (requiring a signature from the claimant), so tokens are never in the custody of an `EOA`. It will be the responsibility of any (4), (5), or (6) entitled `LIF2` holder to claim their `LIF2` on Gnosis Chain. **NOTE: THE CLAIM PROCESS WILL BE FREE.**
+10. `LIF2` is unpaused.
+
+## Rationale
+
+Signalling in the Winding Tree community has supported [moving](https://snapshot.org/#/windingtree.eth/proposal/0x139b8f3e69a392ccc868de08fcd268b508cbde8f06fed02e383a9ef955fc3d63) the liquidity in bulk to [Gnosis Chain](https://snapshot.org/#/windingtree.eth/proposal/QmNMtnoR2qrNj4xy4pGe6yuQcAwLRmxyhszFAWVZnPa1fZ).
+
+In line with future DAO governance goals, this proposal is designed to ensure as fair and easy a claim process as possible for to-be `LIF2` holders. This assists with decentralizing ownership and subsequent voting power for a DAO migration.
+
+The migration process is to be funded by Winding Tree, saving all `LIF` holders the cost of bridging. The process also allows for the fair claiming of tokens even for those that either accidentally had their tokens stuck in the `LIF1` contract, or tokens in `etherdelta` / `IDEX`.
+
+## Execution
+
+TBD
+
+### Safe Transaction Hash (TBD)
+
+  <tx hash> (*optional)
+
+### Safe Transaction Data
+
+Mandatory for every proposal that requires transaction from Winding Tree DAO.
+
+  <payload>
+
+### Tenderly Simulation
+
+Mandatory for every proposal that requires transaction from Winding Tree DAO.
+
+Link to Tenderly simulation
+
+## Snapshot
+
+*Phase 2 Proposal: Add a link to the corresponding Winding Tree Snapshot poll you’ve created.*