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Auxo DAOAuxo DAOby0x772e903794Eb0F2AA5dE1791029A1a8fdDFb7cA6auxo.eth

[Treasury Redemption] Notarization & Merkle Tree

Voting ended over 2 years agoSucceeded

Summary

This vote is part of the Notarization Process. ARV holders are called to check the aggregated AUXO amount for addresses and the pro-rata amount received by said addresses.

Context

Based on the decision made on the previous vote all operation stopped and all liquid assets have been converted to WETH in order to enable treasury redemption for AUXO holders, the redemption takes place as any otherreward distributions used to happen.

In order for the process to be effortless, a snapshot was taken at block 18291000 of the cumulative AUXO amount for each address: ADDRESS_TOTAL_AUXO = ADDRESS_AUXO_IN_ARV_LOCK + ADDRESS_AUXO_PRV + ADDRESS_AUXO_IN_PRV_STAKED + ADDRESS_AUXO.

Distribution Report

  • Treasury Redemption Report
  • IPFS MerkleTree
  • Redemption amount: 2335.08642 WETH
  • Pro-rata: 0.00749360052996

Conclusion

Considering the fact that the DAO Treasury was affected by the alETH pool, shall the funds from the exploit (if any) ever be returned a secondary distribution will be issued. Like this one, the second distribution will be done snapshot-based, and the claiming of the WETH will be possible through the website, as long as it is up and running, or manually via smartcontract.

Shall VALID reach quorum:

  • All existing treasury funds will be distributed to token holders
  • No other activity is expected from contributors
  • The Auxo DAO will no longer exist

Shall NOT VALID reach quorum:

  • Nothing will happen until a valid merkleroot will be voted.

Off-Chain Vote

VALID
98.79K ARV100%
NOT VALID
0 ARV0%
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Timeline

Oct 08, 2023Proposal created
Oct 08, 2023Proposal vote started
Oct 15, 2023Proposal vote ended
Oct 26, 2023Proposal updated