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DoorDAODoorDAOby0xC6dC654B5aa7969A24c7e4442a52E61FB8b24827directivecreator.eth

Acquire 1004.72 $APE and stake.

Voting ended about 2 years agoSucceeded

Overview

We propose to acquire 1004.72 $APE to reach the max stake limit for our MAYC. This will bring total to 2042 $APE, maximizing our staking potential.

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Why This Move?

  • Active Investment: We aim to put our funds to work rather than letting them sit idle.
  • Stake Increase: The current stake is 1037.28 $APE. By acquiring an additional 1004.72 $APE (approximately 0.8 ETH), we can maximize our staking benefits.

Potential Risks

  • Market Volatility: $APE is known for its volatility, with significant price fluctuations.
  • Downside Risk: Like any crypto asset, $APE could decrease in value, potentially to zero.
  • Opportunity Cost: Allocating funds to $APE means we might miss out on other investment opportunities.

Off-Chain Vote

IN FAVOR
12 DOOR100%
ABSTAIN
0 DOOR0%
AGAINST
0 DOOR0%
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Timeline

Nov 30, 2023Proposal created
Nov 30, 2023Proposal vote started
Dec 01, 2023Proposal vote ended
Nov 16, 2024Proposal updated