{"title": "Honey Liquidity Tap", "description": "### A token tap for shared liquidity with Honey\n\nCreate a proposal for a token to pair $HNY - you supply your token, Honey Liquidity Tap takes care of the rest.\n1Hive will manage shared liquidity LPs from its Council Safe.\n\n### In your proposal be sure to include:\n\n- Token Name + block explorer link\n- Short description of project / token with links.\n- Source of tokens to be added to LP with block explorer link, description (DAO, community multisig? EOA?), and evidence of consensus to send tokens if passed.\n- Exchange + Network to be added on\n- Links/addresses for existing token liquidity and treasury sources\n\n**Set the 1Hive Council Safe as the token beneficiary (0xc6c2E9EFB898A42DB4137B07b727b45e0C353d81), where LPs will be held.** The Proposer can also propose a different process for managing LPs, but any other process should show a clear path for how 1Hive can dissolve these LPs if needed (for example, adding 1Hive Council Safe as a majority signer).\n\nTo protect 1Hive from systemic risk, the 1Hive Council Safe will enforce the following safety margins for shared liquidity:\n\n- Max 50% of paired token’s total liquidity provided as shared liquidity with HNY\n- Max 50% of paired token community’s AUM outside of LPs provided as shared liquidity with HNY\n\nIf these margins are breached while LPs are held by the Council Safe, 1Hive will dissolve the LPs and return all remaining tokens to their original funding source.\n\nProposals can also request to remove existing shared liquidity by making a Funding proposal in the Pool requesting 0 HNY (needing only minimum conviction to pass), along with evidence of consensus to remove the liquidity."}