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BASTARD GAN PUNKS V2sBASTARD GAN PUNKS V2sby0x06b79568E811b5c439D741E43220909AF719E6d5takemehome.eth

Purchase Bgans with 5% of the DAO treasury monthly (during Q1 2022)?

Voting ended about 4 years agoSucceeded

For first first three months of 2022*, purchase "floor" bgans with the DAO treasury via smart contract bids @ 65% of "floor" price & "floor" sweeping during the last week of the month. Bot should be placing bids every 24 hours until 5% reached. If 5% isn't reached via bids during the last week of the month the DAO will supplement with purchasing "floor" bgans**. Once 5% hits, no further purchases that month. Any ETH unspent returns to the treasury. Max floor purchase and bot bid/purchase is 0.5 ETH. i.e. in January the DAO sets aside ~4.3 ETH to make purchases, bot places bids and makes purchases until capital is deployed. Any unused ETH would go to "floor" sweeping from 1/24-1/31, excess ETH at the end of the month returns to the treasury.

*3 months starting upon execution of snapshot + bot running **Last week of the month will be the final 7 calendar days of a month

Off-Chain Vote

Yes, add Bgans to the Treasury
75 12.9%
No, stick with ETH
508 87.1%
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Timeline

Jan 03, 2022Proposal created
Jan 04, 2022Proposal vote started
Jan 10, 2022Proposal vote ended
Oct 26, 2023Proposal updated