SOSIP-4-Use of Unclaimed Tokens from airdrop
Approximate 8.6T $SOS or less unclaimed airdrop tokens from SOSIP-3 will be reclaimed. The following proposals have been put forth:
- Purchase future recurring on-chain revenue for OpenDAO
By using Olympus Pro mechanisms to purchase $SOS-WETH tokens from the market, and giving a discount to purchase $SOS.
More details here: https://forum.theopendao.com/thread/executable-use-olympus-pro-to-generate-eternal-revenue-for-opendao-treasury-35498. Join the openDAO discord events to understand the exact mechanisms.
- Purchase a basket of productive crypto assets for upside potential and on-chain revenue for OpenDAO
For example purchase DEFI protocol tokens or yield generating assets.
More details here: https://forum.theopendao.com/thread/sos-treasury-diversification-35546
- Return the $SOS to the OpenDAO treasury
So we can propose another snapshot later if we need to use the funds.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x505D...00756C | 485.287B | Return to treasury |
0x28F8...4e4B03 | 259.639B | Return to treasury |
0xFDFc...E7dD6d | 205.965B | Return to treasury |
0x3343...B7bB58 | 151.332B | Return to treasury |
0xA25f...cbd07f | 122.339B | Use Olympus pro to buy $SOS-WETH |
VOTE POWER
Proposal Status
- Mon January 10 2022, 04:00 amVoting Period Starts
- Wed January 12 2022, 04:00 amEnd Voting Period
Current Results
1-Return to treasury
2636.312B
2-Use Olympus pro to buy $SOS-WETH
429.261B
3-Buy a basket of assets
52.341B
