Executed

Move to not burn the unsold tokens from the IDO


ID 827443...6866

ID 827443...6866

Proposed on: Dec 17th, 2024

Proposed on: Dec 17th, 2024

Result details
Final Votes

Quorum

496.97K of 346.48K

Majority support

Yes

For

496.97K

Against

0

Abstain

0

Proposal

Now that the tokens have been distributed, we find ourselves with 29,303,653 unsold tokens from the IDO. While we originally anticipated a much higher sale volume, these unsold tokens present an opportunity to strengthen the DAO’s resources rather than simply burning them.

We propose that these tokens be allocated to the DAO treasury, placing them under the control of the community. These tokens could be utilized for grants, developer incentives, and other initiatives that align with the project’s long-term growth and success.

Final Votes

Quorum

496.97K of 346.48K

Majority support

Yes

For

496.97K

Against

0

Abstain

0

Final Votes
Status

Tue Dec 17, 08:03 am

Draft created

Tue Dec 17, 08:03 am

Published onchain

Fri Dec 20, 06:29 am

Voting period started

Sat Dec 21, 03:49 pm

Voting period ended

Fri Dec 20, 09:01 am

Proposal executed