Summary
FloorDAO currently holds several collections in its treasury, and regularly deploys liquidity to establish deeper liquidity. FloorDAO utilizes various different protocols, as well as market-buys NFTs at floor price. Starting with Gauge War #3, gFLOOR holders vote to expand our liquidity to the winning choices using 100% of the NFTX & POL yield from over the course of 2 weeks. The winners of this vote will have 100% of the subsequent 2 weeks of total yield across all treasury holdings used to sweep the collection floors (or $FLOOR) and deploy in our various strategies.
The Sweep will take place within 4 days of vote completion and will be published in the Floor Discord for transparency.
The Gauge War process will familiarize gFLOOR holders & DAO participants with a future v2 mechanism.
Gauge Wars use the "Weighted" system of voting.
Off-Chain Vote
$FLOOR
74.95K gFLOOR74.8%
Bastard GAN Punks V2
6.86K gFLOOR6.8%
Chromie Squiggles
2.14K gFLOOR2.1%
CryptoPunks
9.85K gFLOOR9.8%
ENS: 10K Club
131.09 gFLOOR0.1%
Forgotten Runes Wizards Cult
1.8K gFLOOR1.8%
Milady Maker
1.97K gFLOOR2%
Redacted Remilio Babies
2.56K gFLOOR2.6%
The Saudis
0 gFLOOR0%
Abstain
0 gFLOOR0%
Status Quo
0 gFLOOR0%
Quorum:401%
Timeline
Jun 24, 2023Proposal created
Jun 24, 2023Proposal vote started
Jun 28, 2023Proposal vote ended
Jun 05, 2024Proposal updated