PoolHAUS ✨ Season 2 ✨ is here

--- tags: PoolHAUS, S2, Mainnet LPDAO --- # PoolHAUS ✨ Season 2 ✨ is here **tldr;** PoolHAUS Season 2 has started, which means that we will soon move WETH and HAUS from `PoolHAUS DAO` on Gnosis Chain to a shiny new `Mainnet LP DAO` on Ethereum mainnet, where we will collectively bathe in the soothing waters of a Balancer pool for a while. That means there will be a couple action items for you, the pool party person, so please keep an eye on the #pool-haus-members channel for over the next couple weeks! ### Moving to Mainnet The mainnet DAO has been summoned and you can check it out here - [Mainnet LPDAO](https://app.daohaus.club/dao/0x1/0x75a4310Da724a3f43415f427e7B3033D7101b91D) #### Over the course of the two weeks, we will: 1) Move HAUS and WETH from the DAO on Gnosis Chain (GC) to the DAO on mainnet 2) Assign `loot` in LPDAO to every PoolHAUS member equal to their current `shares` + `loot` in PoolHAUS DAO * `loot in LPDAO = shares+loot in PoolHAUS` 3) Deploy an 80:20 HAUS:WETH pool on Balancer 4) Deposit our HAUS and WETH into the Balancer pool * PoolHAUS currently has 165.1795 wETH and 66,071.886 HAUS * this will converting everyone's position from 50/50 HAUS/WETH to 80/20 HAUS/WETH 6) Transfer Balancer Pool Tokens (BPTs) into the LPDAO treasury 7) Uberhaus will join the DAO and deposit 70 WETH + ~39K HAUS into the Balancer pool The end result is that we will have created **~$2.5MM of HAUS liquidity on Ethereum mainnet through the combined efforts of PoolHAUS and Uberhaus.** #### A couple important notes: Since PoolHAUS contributors are getting `loot`, UberHaus will be the only shareholder in the DAO. Therefore, Uberhaus delegates will be responsible for proposing, voting, and executing proposals inside of Mainnet LPDAO As LPDAO lootholders with BPTs held in the treasury, we will all retain the power to `ragequit`, claiming their fair share of BPTs from the Mainnet LPDAO treasury to their internal balances (which can then be withdrawn to a wallet.) This is different from Season 1 where funds were held outside of ragequit in a minion! To incentivize folks to stick around to the end ✨Season 2✨ (date TBD), we will provide HAUS rewards (airdropped to you on GC) at X% APR, backdated to the end of Season 1 💥. ### Wrapping up Business from Season 1 Lastly, we still have a couple small items to finish before we can put Season 1 to rest. We will be asking UberHaus for a retroactive **💎Diamond Hand💎** bonus for people that hung out for the last several months as we worked out all the details. This `HAUS` will be deposited into the treasury, along with the `SWPR` and `DXD` farming rewards accumulated by GC PoolHAUS over the past year. Therefore, when we send out the call to `ragequit` the GC PoolHAUS - you'll pick up a small basket of these tokens on your way out. Thank you for your patience and support! We look forward to continuing to reward our strongest supporters 💪!