Use first round of royalty funds to purchase floor priced GB's.
This would be a one time expenditure and not recurring. But as we have already done 190 ETH in sales and the DAO fund collections 2.5% in royalties from these sales we have approximately 4.75 ETH that will be distributed to the fund.
I propose to use this first round of royalty funds to sweep the GB floor and either burn them to reduce overall supply > increase relative value of all GB’s.
Or hold them in a “community chest” where they can be redistributed back into the population of GB holders via whatever means we see fit. Games, giveaways, etc.
Or finally we can hold them in the DAO for future use to be decided upon with an additional proposal.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xD484...184625 | 201 | Yes, Community Chest |
 0x414c...9efd9F | 69 | Yes, Hold in DAO |
 0xd679...A61eCA | 31 | Yes, Hold in DAO |
 0x3D46...57De6F | 30 | Yes, Community Chest |
 0x34Cc...497c9C | 25 | No to all choices |
VOTE POWER
Proposal Status
- Mon December 20 2021, 09:00 pmVoting Period Starts
- Thu December 23 2021, 09:00 pmEnd Voting Period
Current Results
1-Yes, Community Chest
506
2-No to all choices
163
3-Yes, Hold in DAO
153