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CRE8R DAOCRE8R DAOby0x069e85D4F1010DD961897dC8C095FBB5FF297434sorcery.eth

CRE8R Tokenomics Upgrade Proposal 1: Buybacks

Voting ended over 3 years agoSucceeded

This is the first in a series of proposals relating to the upgrade of CRE8R DAO tokenomics.

Thankyou to everyone who has given feedback and engaged in productive discussion around a range of topics related to buybacks, revenue sharing, F100 NFT and generally aligning incentives between the various participants in our ecosystem.

This document gives a more detailed outline of the issues being discussed.

https://docs.google.com/document/d/1WY92wYniBvN9et7LTNLRDFTNVu8QocHwPAP-xfY9BpU/edit?usp=sharing

Each proposal in this series will be simple, straight forward and short.

Proposal #1 - Buybacks

Use 50% of all new DAO revenue to preform buybacks of the $CRE8R token.

This policy is intended as a short term measure (3-6 months) and is updateable via governance.

Tokens bought back will be held in treasury for future use, not burned.

Off-Chain Vote

Yes
728.64K CRE8R97.3%
No
20.21K CRE8R2.7%
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Timeline

Oct 30, 2022Proposal created
Oct 30, 2022Proposal vote started
Nov 02, 2022Proposal vote ended
Oct 26, 2023Proposal updated