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Moons GovernanceMoons Governanceby0x8653e3Aefcaf3d2116d0B153B788B7cD628bE641GabeSter

CCIP-100 - How should Moon Merch Profit be handled?

Voting ended over 1 year agoSucceeded

u/002_Timmy is currently taking the initiative to launch Moon Merch shop in the coming days and we need your help. Timmy has stated they will be independently running the shop and burning after tax profit from the shop.

But we're still not sure what that would look like:

Option 1: Buy and Burn Moons (simplest)

Option 2: Buy Moons/Eth deposit into liquidity on Arb One and burn the liquidity tokens

Both have unique Pros and Cons: Option 1 will prioritize taking Moons out of circulation while option 2 prioritizes long term price stability by [slowly] increasing Moon Liquidity.

Please note we aren't currently looking at recycling moons into the Community Pool due to potential tax liabilities for the DAO. This will be independently ran by Timmy.

Off-Chain Vote

Buy and Burn Moons
928.7K MOON44.7%
DEX Liquidity and burn tokens
1.15M MOON55.3%
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Timeline

Oct 03, 2024Proposal created
Oct 03, 2024Proposal vote started
Oct 10, 2024Proposal vote ended
Sep 22, 2025Proposal updated