HIP-4 Sell UBI to finance the DAO
Forum discussion: https://gov.proofofhumanity.id/t/hip-4-sell-ubi-to-finance-the-dao/239
Introduction
The DAO currently owns 4 000 000 UBI. We propose to sell some portion of it through an auction in order to finance its operations.
Proposal
The Kleros Cooperative has expressed interest to buy for 150 000$ of UBI from the DAO. In order to keep the process fair, an auction will be made using gnosis auction which will allow everyone to participate. The auction will last 1 week. Up to 500 000 UBI with a reserve price of 0,00022 ETH/UBI (approx 0.50$ at current rate) will be up for sale.
Justification
The auction is primarily directed at selling UBI to the Kleros cooperative but will allow anyone to participate in order to keep the process fair. The received funds would be useful to pay for the workers of HIP-3 but could be used for any purpose.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xfd1A...df4C8a | 1 | Accept |
 0xf6A7...80Ff7A | 1 | Accept |
 0xf396...Cb0337 | 1 | Accept |
 0xF342...cE6973 | 1 | Accept |
 0xeBfD...3e39a2 | 1 | Accept |
VOTE POWER
Proposal Status
- Wed April 14 2021, 12:00 pmVoting Period Starts
- Wed April 21 2021, 12:00 pmEnd Voting Period
Current Results
1-Accept
80