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Fair SafeFair Safeby0x6e85864deedb756963eb0E3A5B3A0bD1F156B0C10x6e85…B0C1

How should we liquidate the community funds?

Voting ended almost 5 years agoSucceeded

Right now the total community funds of 145 trillion FSAFE are being vested at a rate of 1% (1.45 trillion FSAFE) a week for the next 2 years.

To pay for marketing, we need to liquidate these funds, meaning we must change the FSAFE for BNB or other currency to pay the sponsors.

I propose that we take a Dollar Cost Average (DCA) approach to liquidating the weekly funds, meaning we will liquidate 1/7th of the weekly fund everyday.

This is for two reasons.

A. Not to drop the price of FSAFE suddenly by liquidating all at once B. To reduce the risk of liquidating the FSAFE at a low price (which would leave us with a low budget if the price was low when liquidating) by averaging out the liquidations.

Off-Chain Vote

Yes, DCA & liquidate 1/7th a day
44.98T 100%
No, find an alternative
0 0%
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Timeline

Apr 25, 2021Proposal created
Apr 25, 2021Proposal vote started
Apr 27, 2021Proposal vote ended
Oct 26, 2023Proposal updated