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CRE8R DAO

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CRE8R DAO

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closedEnded 4 years ago ยท Snapshot (Offchain)

Rebalance Treasury

By 0x069e...297434

In preparation for the project currently known as GOD MODE :) We should be shooting for a treasury that looks something like: 60% Stables 30% Network Tokens 10% Client Gov tokens

Currently we are close to 75% network tokens (64 ETH value is $250k).

If we go ahead and sell 5-10% of CRE8R tokens via a copper LBP we should be able to raise 1-2m which would put things back roughly in balance but currently we are waaaay overweight in ETH.

Ethereum foundation recently sold some ETH which has traditionally stood them in good stead to carry on their work. We should take a leaf out of their book and do the same.

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0
Votes 9
VoterCast PowerVote & Rationale
0xD8B3...76Fcda
1

Keep the ETH

0xCaF1...4fA264
1

Keep the ETH

0xBc00...2536ae
1

Keep the ETH

0x72eA...F187aC
1

Keep the ETH

0x6AB8...768da8
1

Keep the ETH

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0
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Proposal Status
  • Thu November 18 2021, 02:00 pmVoting Period Starts
  • Fri November 19 2021, 12:00 pmEnd Voting Period
Current Results

1-Keep the ETH

8

88.89%

2-Sell 100% of ETH

1

11.11%
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