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Universal DAO Treasury Refund

Voting ended over 3 years agoSucceeded

Divine DAO will vote on a full unwind of its treasury including ETH & Loot NFT distributed to DAO members. Numerous discussions amongst DAO members converged to the following proposal.

To start off, here are the addresses where treasury ETH and Loot NFTs are located ETH (Deployer Wallet): https://etherscan.io/address/0x5c504c18a476f26c6ddc36cce344a2d6e4a8a2bc Loot NFT: https://etherscan.io/address/0xE1676101f4f149e87cEc042362Be681dD8851e43#tokentxnsErc721

There will be two options for this proposal: (1) Yes - Proceed treasury distribution (2) No - Do not distribute treasury

Outcome of each voting option:

(1) Yes - Proceed treasury distribution Treasury ETH: Entirety of Treasury (~333.767 ETH) to be distributed pro-rata basis to eligible wallets based on calculation done in the spreadsheet(*) linked below. Each wallet will receive ETH in the amount stated in 'Analysis - Eligible Wallets' tab Column T with reasonable deduction of gas fees. Distribution method: ETH to be airdropped to eligible DAO member wallets from Deployer Wallet. Upon receipt of ETH, wallet holder agrees to return any/all $DIVINE that they have direct control over to the Deployer Wallet (address stated above). *Spreadsheet used to calculate distribution amount: https://docs.google.com/spreadsheets/d/1nkbA3ph8ZCc0vN_vtrBFW20a0SOXLj2FojUiXkSmE5Q/edit?usp=sharing Loot NFT: Loot NFT tributes will be returned their deposited Loot NFT as airdrop. Upon receipt of Loot NFT, wallet holder agrees to return any/all $DIVINE that they have direct control over to the Deployer Wallet (address stated above).

(2) No - Do not distribute treasury: No action will be taken.

Off-Chain Vote

Yes - Proceed distribution
3.63M DIVINE100%
No - Do not distribute treasury
0 DIVINE0%
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Timeline

Aug 09, 2022Proposal created
Aug 09, 2022Proposal vote started
Aug 13, 2022Proposal vote ended
Oct 26, 2023Proposal updated