AKITA tokens - A path forward
This Proposal is a result of discussion on the Gitcoin Forum
This Snapshot vote is proposed by 🔥_🔥, looking to finalize a decision around the AKITA tokens held by the Gitcoin Multisig.
There are 7 proposals this snapshot vote compares;
1; Proposal from @HelloShreyas outlining a short/medium/long term strategy to sell 10% of Gitcoin’s AKITA balance and place 90% of its AKITA balance in a Sablier contract unlocked over 2 years.
2; Proposal from @castall proposing the Gitcoin community use AKITA as part of the next quadratic matching pool (in current and future rounds).
3; Proposal from @lightnode to deposit 100% of AKITA tokens to the Based market
4; Proposal from @relic to burn all AKITA tokens held by the Gitcoin Multisig except for 5% and leaving 5% to stimulate progress between both communities.
5; Proposal from @cryptowanderer to burn 100% of AKITA tokens to 0x0
6; Proposal from @tjayrush proposing the Gitcoin community return the AKITA funds to their source (Vitalik’s sending address).
7; Proposal from @androolloyd to liquidate 100% of AKITA for ETH
This Snapshot vote aims to summarize the majority of AKITA proposals from the Gitcoin community, allowing the community to signal and ultimately make a decision on what to do with the AKITA held by Gitcoin.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x4C0a...91cc21 | 483,107 | Liquidate 100% of AKITA for ETH |
 0x86d3...873446 | 370,164 | Liquidate 100% of AKITA for ETH |
 0x34aA...18fDF3 | 368,933 | Sell 10% of AKITA, Stream 90% |
 Linda Xie | 267,159 | Sell 10% of AKITA, Stream 90% |
 0x8393...6F0780 | 202,312 | Use AKITA in Matching Pool |
VOTE POWER
Proposal Status
- Mon May 31 2021, 10:00 pmVoting Period Starts
- Sat June 05 2021, 10:00 pmEnd Voting Period
Current Results
1-Liquidate 100% of AKITA for ETH
1.448M
2-Sell 10% of AKITA, Stream 90%
1.314M
3-Use AKITA in Matching Pool
339,261.374