Should we approve this proposal?
Hello Mutants, As all of you know we did an incredible investment with our:
- 30 MAYC at 4ETH. (Floor now +40 ETH).
- 3 BAYC at 35ETH each (Floor now 147 ETH).
- 91K Ape Coin (545 ETH).
We paid 210 ETH for our investment and now it is valued at 2230 ETH. We have 850 ETH Liquid in our treasury.
For this reason, we would like to finally capitalize on our investment and rebalance our position.
Proposal Sell UP TO 20 MAYC. Sell UP TO 1 BAYC. Sell UP TO 70% APE COIN. (And buying Land with the rest). Swap 10% of our liquidity to USDC (as we may need stable coin).
Ideally, we will try to time the market as good as possible having in mind that around Land release of Land (04/30) prices will fluctuate.
If this proposal proceeds, we would end with an estimated Liquidity of 2200 ETH and 800 ETH invested on Ape ecosystem.
Timeline Approval/Disapproval by Thursday 28th. Starting the sale on Friday.
Notes After the Otherside Land Sale there is an expected crash of apes and coin*
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x86E3...83152c | 229 | Approve |
 0x9292...D4a653 | 170 | Approve |
 0xEF33...400003 | 142 | Approve |
 0x8414...Cf8C7D | 80 | Approve |
 0x0F9b...C07b56 | 71 | Approve |
VOTE POWER
Proposal Status
- Tue April 26 2022, 10:53 amVoting Period Starts
- Thu April 28 2022, 10:00 amEnd Voting Period
Current Results
1-Approve
1,382
2-Dissapprove
50