Dear Sahara Community

First of all we want to thank all of you for the tremendous support you have given us over the past 6 months of our work. It seems like an eternity and we cannot count all the memories and wonderful people we have met along the way.

Our achievement that will remain a warm memory:

• Over $1,300,000 at the peak
• NFT BAM , shenanigans and Gleam for users
• Created and launched our own original strategies through Vaults
• Partnerships with other projects and first launch on our own platform

However, with the current state of the Crypto & DeFi space and the lack of TVL we were able to gather, the core team will open a vote on the future fate of the project. According to the roadmap, we tried to go multichain and prepared everything, including NFT on Polygon. Twice we tried to launch on MMF, but without success. We have some treasury and command tokens left, command tokens are not enough even to launch keepers and a server instance because of price dumping. So before we spend the entire coffers on further development, we think it is important and necessary to vote on the future direction of development.

So, we want to vote:

1. spend the Treasury on marketing and further development and try to launch Frontline.
2. Compensate the current MNG and BAM holders instead.

This decision was not taken lightly by the team, and we understand that it may upset many users, but we wanted to maintain transparency for the community.

Note that if users choose 2 voting conditions-

The team will withdraw from the project, the sites will be maintained with continuing functional vaults and farms, but no further extensions or vaults will be made. Connections will only take place if the user deposits, withdraws or earns money from the Vault or Farm. However, we will continue to maintain the site for as long as there is enough income to cover operating costs.

But we would like to support MNG token lockers/stakers/holders and BAM holders and thank you for your dedication to the project, which is why we decided to burn all the LP token 100% forever and compensate using treasury.

Current status of Sahara

We have seen our TVL and annual Vaults & Farms interest rates decline over the past few months as the market has fallen, directly impacting both DAO income and income distribution pools. At current rates, the amount coming in for revenue sharing is not enough to support adequate liquidity for $MNG

What will happen to $MNG & Pools?

• The current reward farms and pools for $MNG will continue until the rewards are completed. This includes the farm and vault
• After one month, the revenue sharing reward will be discontinued because it will not be enough to provide enough liquidity for $MNG. Users can use $MNG liquidity on the above farms to earn rewards until they are finished.

In case users vote for 1- condition of voting

The team will throw everything they have into marketing and strategy for a better launch on Polygon and implement all the ideas they have for deploying Frontline DAO

This is not an easy decision for the team as well as for the members of the Sahara DAO community, we thank each and every user who has come our way and will now participate in the future fate of the project

Link to vote: https://snapshot.org/#/saharadao.eth/proposal/0xf74ad50d2edde49eb4f713c68eee713fd0d6fa0266c5055b63299cfd6fc6b29e

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Telegram: https://t.me/SaharaDAOglobal
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Announcement Channel: https://t.me/SaharaDAOann
Website: https://sahara.frontlinedao.finance/