# Redirect 25% of amo profits to butiks ETH instead of FXS. Use ETH and FXS to supply liquidity on uniswap v3

**URL:** <https://gov.frax.finance/t/redirect-25-of-amo-profits-to-butiks-eth-instead-of-fxs-use-eth-and-fxs-to-supply-liquidity-on-uniswap-v3/77>\
**Category:** FIPs\
**Created:** [July 1, 2021, 11:05pm UTC](https://gov.frax.finance/t/redirect-25-of-amo-profits-to-butiks-eth-instead-of-fxs-use-eth-and-fxs-to-supply-liquidity-on-uniswap-v3/77 "2021-07-01T23:05:04Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![Capt](https://avatars.discourse-cdn.com/v4/letter/c/f07891/32.png) [@Capt](https://gov.frax.finance/u/Capt)\
**Post date:** [July 1, 2021, 11:05pm UTC](https://gov.frax.finance/t/redirect-25-of-amo-profits-to-butiks-eth-instead-of-fxs-use-eth-and-fxs-to-supply-liquidity-on-uniswap-v3/77/1 "2021-07-01T23:05:04Z")

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Hello.

I suggest that instead of using 50% of the profits from AMOs to buy back and burn FXS we should use 25% to buy ETH and 25% to buy FXS.

This will be a step towards building a balance sheet for the protocol.

To expand liquidity for FXS I also propose that we use the ETH and FXS bought after this proposal pass to add liquidity in FXS-ETH AMM-pair on uniswap v3.

Best regards Capt

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**Author:** ![justinabraham](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/justinabraham/32/33_2.png) [@justinabraham](https://gov.frax.finance/u/justinabraham)\
**Post date:** [July 3, 2021, 5:32am UTC](https://gov.frax.finance/t/redirect-25-of-amo-profits-to-butiks-eth-instead-of-fxs-use-eth-and-fxs-to-supply-liquidity-on-uniswap-v3/77/2 "2021-07-03T05:32:05Z")

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I think this is an important move and with ETH at low prices now is probably a good time to start purchasing. I support this.

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**Author:** ![sparkes25](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/sparkes25/32/392_2.png) [@sparkes25](https://gov.frax.finance/u/sparkes25)\
**Post date:** [July 16, 2021, 2:30pm UTC](https://gov.frax.finance/t/redirect-25-of-amo-profits-to-butiks-eth-instead-of-fxs-use-eth-and-fxs-to-supply-liquidity-on-uniswap-v3/77/3 "2021-07-16T14:30:33Z")

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so what price range do they pick for the pair on V3 ?