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BIMBIMby0xd91bDCbBcf1f9A59f6F10Ff24Ba381C57597Ef200xd91b…Ef20

[WNK PHASE 1] Support for Winkyverse Holders

Voting ended almost 2 years agoSucceeded

Context: Following our in-depth investigations into the Winkyverse project, the causes of the collapse in the value of the WNK token since the start of the project and the broken promises made by the founding team, DAO BIM is offering a way out for aggrieved investors.

For more information on the Winkyverse situation and details of our investigation, please see the following articles:

  • Analysis of the Winkyverse - Between disappointment and a call for funding
  • The Winkyverse: a controversial French ICO

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Proposal: We suggest that the BIM DAO allocate 30,000 BIM in this first phase to buy back Winkyverse tokens from holders at a price higher than the current market. This proposal offers investors an honorable way out, while reinforcing trust and solidarity within the web3 community.

As highlighted during our survey and revealed by their sales plan, WNK tokens worth around 14.5 million euros are due to be sold, adversely impacting small holders and leading them to lose their stake almost entirely and permanently - the WNK token having already recorded a -98% drop since its launch. Faced with this situation, we are offering Winkyverse holders the unique opportunity to exchange their WNK tokens for BIM, accompanied by an advantageous vesting plan. This initiative is designed to value and reward investors who opt for longer vesting periods, demonstrating their commitment to and confidence in the BIM ecosystem, and therefore the token price, unlike the winkyverse.

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Vesting plan :

3 months: 100% of your BIM tokens will be unlocked after this period. For this vesting option, we offer a buyback of the Winkyverse at a price 4% higher than the market rate.

6 months: 100% of your BIM tokens will be available after 6 months. Winkyverse redemption for this duration will be at a price 9% higher than the market (accumulating an additional 5% premium compared with the 3-month plan).

9 months: 100% of BIM tokens will be released. The Winkyverse redemption price will be 15% higher than the market price, offering an additional 6% premium compared with the 6-month plan.

12 months: 100% of your BIMs will be accessible after one year. For this vesting, the Winkyverse will be redeemed at 22% above the market price, adding a 7% premium compared with the 9-month plan.

24 months: 100% of your BIM tokens will be unlocked after two years. This is the most advantageous option, where we buy back your Winkyverse at 50% above the current market price, representing an additional 23% premium over the 12-month plan.

Objective:

The objective is twofold: to offer tangible support to investors harmed by the Winkyverse while reinvesting the acquired assets in the development of the BIM ecosystem, which unlike the Winkyverse is showing profitable and sustainable growth as evidenced by the BIM token price, and to participate in the BIM DAO decisions.

Redeemed Winkyverse will be automatically traded on the market in exchange for stable cryptos (such as USDT, USDC), which will then be used to fund BIM DAO development initiatives, which will be systematically voted on by the community, as evidenced by the BIM DAO voting history.

Expected impact: This action aims to reinforce our commitment to the values of solidarity and responsibility within the crypto community and, above all, prevent crypto from being hit by a new scandal tending to discredit it among investors, while contributing to the growth and stability of the BIM ecosystem.

Voting process: BIM token holders are invited to vote for or against this proposal. Your participation is essential to ensure that our DAO reflects the will of our community.

  • Log in to the voting platform with your portfolio.
  • Select the Winkyverse token redemption proposal.
  • Vote for or against the proposal.
  • Confirm your vote.

We encourage all members of the BIM community to take part in this crucial vote. Your vote will help shape the future of our DAO and demonstrate our solidarity with investors impacted by the Winkyverse situation.

Thank you for your commitment and participation in the life of our DAO. Together, we're building a stronger, fairer future for all players in the BIM ecosystem.

Off-Chain Vote

YES
4.71M BIM100%
NO
154.63 BIM0%
Quorum:47054%
Download mobile app to vote

Discussion

BIM [WNK PHASE 1] Support for Winkyverse Holders

Timeline

Mar 28, 2024Proposal created
Mar 29, 2024Proposal vote started
Apr 01, 2024Proposal vote ended
Apr 01, 2024Proposal updated