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lobsterdaolobsterdaoby0x0ddcB606E82E031E9eac01afB7fB2D54e64C28550x0ddc…2855

Recompense for Ivan

Voting ended almost 4 years agoSucceeded

Ivan mistakenly burned his lobs and as the father and brainchild for the whole community we should come together and find a way to return his stake to its former glory.

First, I'd propose the DAO convert 90% of the ETH in treasury into stETH so that the treasury is productive and earns interest.

Second, I propose that the DAO use half of the remaining ETH in treasury to sweep the lobs floor and send those lobs to Ivan.

Finally, I propose that the interest accrued to the treasury is used to purchase floor lobs off the open market for Ivan, at an irregular cadence, for a period of 500 days.

Off-Chain Vote

yes
80 56.3%
no
62 43.7%
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Timeline

Mar 10, 2022Proposal created
Mar 10, 2022Proposal vote started
Mar 13, 2022Proposal vote ended
Oct 26, 2023Proposal updated