closedEnded 4 years ago · Onchain
Proposal #13: Treasury diversification proposal
By 0xDdbf...8830e4
Short proposal description: If this proposal is accepted, 50,000 TORN-v-1 will be sold against WETH at a 20% discount, during a 14 days 1INCH limit order crowdsale to diversify the governance treasury (minimum TORN buying price is fixed at 0.008 ETH).\n\n
TORN-v-1 is a vesting TORN token that must be transferred to governance. After TORN-v-1 being transferred into the governance contract, 1 TORN-v-1 is directly transformed into 1 TORN, giving access to the staking yield and the vote. Then, the investor will have to wait for 365 days to be able to unstake. \n\n Full proposal description on this link: https://torn.community/t/treasury-diversification-proposal/2652
Connect Wallet to Add Note
0Votes 32
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xD881...7f330b | 62,242 | AGAINST |
 0x13e5...A3b60a | 20,168 | FOR |
 0x07C3...4512FE | 17,390 | FOR |
 0x9C42...99BFF8 | 16,682 | AGAINST |
 0xe447...02b299 | 11,671 | AGAINST |
VOTE POWER
0
Connect Wallet
Proposal Status
- Published Onchain
0xDdbf...8830e4 - Wed June 29 2022, 12:30 pmVoting Period Starts
- Mon July 04 2022, 12:30 pmEnd Voting Period
- Queue Proposal
- Execute Proposal
Current Results
1-AGAINST
118,681.15
2-FOR
54,990.906