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=DAO=DAOby0x946289c8B53Df43BF41Bc8A76b281c847f784Fca0x9462…4Fca

UPONLY additional supply management.

Voting ended over 1 year agoSucceeded

As everyone knows, batch 3 bulls was meant to kickstart an EQUAL/ UPONLY LP.

We’ve split the funds in 2 parts when it sold out. First one to buy EQUAL, 2nd one to buy UPONLY at launch. For this specific reason, one addy was WL to buy more than 0.5% of the supply.

As Div3r is a fast dude, he (fortunately or not) sniped 40% of UPONLY supply, which is obviously too much.

We have LPed the necessary amount, now let’s talk about what we do with the rest. (4.141 billion UPONLY tokens)

After talks were made, we came to the point that those solutions are the most valid ones:

A) Burn it all B) burn 75% and bribe the rest over 26 epochs C) Burn 50% and bribe the rest over 26 epochs D) find something else.

Requirements for this proposal to pass: A minimum of 25 votes in total and a simple majority.

Voting closes in 48 hours.

Off-Chain Vote

Burn it ALL
13.25 EQPS36.8%
Burn 50% & Bribe 50% in 26 Epoch
16.32 EQPS45.3%
Burn 75% & Bribe 25% in 26 Epoch
4.18 EQPS11.6%
Find something else
2.25 EQPS6.3%
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Timeline

May 18, 2024Proposal created
May 18, 2024Proposal vote started
May 20, 2024Proposal vote ended
May 20, 2024Proposal updated