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closedEnded 3 years ago ยท Snapshot (Offchain)

What should we do with our rewarded $APE?

By 0xD2AE...038a08

The DAO has staked 54,786 $APE, the maximum allowed based on our BAYC/MAYC holdings. At current yields, the DAO will receive roughly 10,000 $APE in rewards per month. We plan to claim the rewards on a monthly basis to reduce gas costs (each Apeโ€™s rewards are claimed separately).

We are launching a community vote to decide what to do with the rewards. Please bear in mind that we would need about 1/3 of the rewards to satisfy our Voting Reward program and other Community giveaways.

Please vote on the 4 options below:

  1. Keep 33.3% in APE, Convert 66.7% to ETH
  2. Keep 33.3% in APE, Convert 66.7% to USDC
  3. Keep 33.3% in APE, Convert 33.3% to ETH and 33.3% to USDC
  4. Keep 100% in APE and stake in the APE only pool (yield is half compared to pools with committed Apes)
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0
Votes 138
VoterCast PowerVote & Rationale
0x1753...47dEcE
300

33% APE, 33% ETH, 33% USDC

0x8414...Cf8C7D
260

33% APE, 33% ETH, 33% USDC

0xaa88...0A5E20
190

33% APE, 33% ETH, 33% USDC

0x0F9b...C07b56
101

33% APE, 33% ETH, 33% USDC

0x1c9C...5f33B1
52

33% APE, 67% USDC

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VOTE POWER
0
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Proposal Status
  • Thu December 29 2022, 12:38 amVoting Period Starts
  • Sun January 01 2023, 11:00 amEnd Voting Period
Current Results

1-33% APE, 33% ETH, 33% USDC

1,293

79.72%

2-33% APE, 67% USDC

152

9.37%

3-33% APE, 67% ETH

151

9.31%
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