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closedEnded 4 years ago ยท Snapshot (Offchain)

DIP-35: Capitalize the DAO

By 0xba74...2BAe07

This proposal seeks to perform a one time mint in order to capitalize the DAO and disable all future minting.

Initially, all PAPER was distributed to DOPE token holders. Currently, the DAO has a minor stake in PAPER that it has earned through unbundling. Having such a small amount of PAPER severely restricts the DAOs ability to incentivize participation, through compensation for contributions. Additionally, the DAO is unable to capture any upside of the outcomes it produces, since it does not own its own game currency.

The proposal seeks to undo this decision, performing a one time mint of:

500M PAPER to the DAO 250M PAPER for liquidity mining 250M PAPER to existing DOPE token holders

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Votes 79
VoterCast PowerVote & Rationale
0xba74...2BAe07
137

(1st) Agree with Concept, not numbers

0xdC0c...42BD12
102

(1st) Agree with Concept, not numbers

0x45bA...E65D99
75

(1st) Disagree

0xa455...20f2c4
57

(1st) Disagree

0x22E8...1Adb8b
57

(1st) Disagree

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Proposal Status
  • Fri March 11 2022, 07:13 pmVoting Period Starts
  • Fri March 18 2022, 04:00 pmEnd Voting Period
Current Results

1-Disagree

654

58.97%

2-Agree with Concept, not numbers

403

36.34%

3-Agree

52

4.69%
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