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0xAcid0xAcidby0x82cC68F979E9f525ae232aBbacbE4904C96d0D8a0x82cC…0D8a

Redress Mechanism for LSDoge Airdrop Recipients Desiring ACID1.5 Tokens

Voting ended over 2 years agoFailed

Summary: Provide a way for ACID holders, who received the LSDoge airdrop by default due to non-participation in the previous vote, to exchange their LSDoge for the new ACID1.5 token.

Several ACID holders, by virtue of being inactive or unaware during the voting period, were defaulted to receiving the LSDoge airdrop. There's a sentiment that this unintentional outcome doesn't reflect the intent of many holders. This proposal aims to offer a redress mechanism for those wanting to convert their LSDoge to ACID1.5.

Details:

LSDoge to ACID1.5 Swap Mechanism:

For a limited time, provide a mechanism for LSDoge holders to swap their tokens for ACID1.5 on a 1:1 basis. This swap will be facilitated through the ACID protocol's treasury, ensuring that the swapped LSDoge tokens are properly managed, potentially by burning or re-distribution.

Snapshot Period:

A new snapshot of all ACID holders (who received the LSDoge airdrop) will be taken to determine eligibility for the LSDoge to ACID1.5 swap.

Implementation Steps:

a. Announcement and Awareness: Communicate the new proposal extensively across all community channels to ensure maximum reach and awareness.

b. Swap Portal Creation: Develop a user-friendly interface where eligible holders can initiate their LSDoge to ACID1.5 swap.

c. Swap Duration: Set a fixed period (e.g., 14 days) during which the swap can be conducted. After this period, the swap portal will be closed.

Off-Chain Vote

For
1.25K ACID100%
Against
0 ACID0%
Quorum:13%
Download mobile app to vote

Timeline

Oct 05, 2023Proposal created
Oct 05, 2023Proposal vote started
Oct 08, 2023Proposal vote ended
Oct 26, 2023Proposal updated