Liquidation of assets
AUTHOR(S): @cipherscript
IMPLEMENTERS: Multi-sig committee, @Avereth
DISCUSSION: Discord
SUMMARY: The DAO has assets to liquidate or distribute. This proposal is to liquidate a portion of the assets to the highest bidder and utilize the funds to buy $gg with a goal to burn it.
DETAILS: Assets in wallet: 0x71e75d2f6d7048b8417fdabad1ed87376334ff14
Eligible assets:
Otherdeed #9004
DIAMOND_HANDS
Killer Acid Punks
Think and think again – Damien Hirst – The Currency
Elvis-P
Array-1
Cat#402
CryptoNewYorker#387
Courtney:1/1 PUNKS Comic Concept Art
18 Sable Alley – Voxels
MEME SQUAD
MetaHero#1
MetaHero#7494
MetaHero#7197
On the first Saturday after the proposal passes, all eligible assets will be weth’d starting at 8pm EST.
All funds will be utilized to market-buy $gg, which will be subsequently burned.
On approval of this proposal, the MS team will execute the proposal in the most effective way decided by simple majority vote of the MS team.
BENEFITS This benefits the DAO holders who have $gg and community members who want to buy certain assets currently held in the wallet.
VOTING CHOICES: For – WETH eligible assets Against: Do not sell assets. Abstain: No preference.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x1772...cC8412 | 337 | (1st) For – WETH eligible assets, (2nd) Against: Do not sell assets., (3rd) Abstain: No preference. |
 0xa27B...028696 | 20 | (1st) For – WETH eligible assets, (2nd) Against: Do not sell assets., (3rd) Abstain: No preference. |
 0x7942...f81BE6 | 7 | (1st) For – WETH eligible assets, (2nd) Against: Do not sell assets., (3rd) Abstain: No preference. |
 0x5284...1E3434 | 6 | (1st) Against: Do not sell assets., (2nd) For – WETH eligible assets, (3rd) Abstain: No preference. |
 0x4623...0908bA | 6 | (1st) For – WETH eligible assets, (2nd) Abstain: No preference., (3rd) Against: Do not sell assets. |
VOTE POWER
Proposal Status
- Thu June 19 2025, 07:41 pmVoting Period Starts
- Tue June 24 2025, 07:41 pmEnd Voting Period
Current Results
1-For – WETH eligible assets
387
2-Against: Do not sell assets.
34
3-Abstain: No preference.
7