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Bag.winBag.winby0x65562b673896B1C62e4b2429A9A91C1F010B89770x6556…8977

Change income allocations

Voting ended about 3 years agoSucceeded

Background

During these past months, we have been assigning a huge amount of money towards trying to stabilize ICE price. We have even received 1mm DAI from decentraland DAO which could have easily been used to aid development cost of the metaverse games we make. All of the development made by DG is funded by people who purchase DG tokens, right now DG is on a situation in which if the team wanted to make a fundraising, they would need to sell tokens at a high discount. Considering that we dont know how long the bear market can last, we need to take actions to ensure that the project can continue and dont run out of funds before the next bull run comes.

Proposal

  • Use polygon validator node rewards to buy DG
  • Use metaverse advertising rewards to buy DG
  • Burn secondary market sales fees, activation fees & upgrades income only

Rationale This model was the original model proposed by DG team, by looking at the current situation and by already allocating millions of dollars towards stabilizing the price of ICE, its also important to consider the price of DG token since its the primary way of funding for the team to keep developing going on which will allow us to have a product with an UX that can compete with any other product out there and also provide the funding for creating new ICE sink mechanisms.

Off-Chain Vote

Yes
22.12M xDG73.6%
No
7.93M xDG26.4%
Quorum:301%
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Timeline

Jan 25, 2023Proposal created
Jan 25, 2023Proposal vote started
Jan 28, 2023Proposal vote ended
Oct 26, 2023Proposal updated