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, this epoch beginning September 30, 2023. 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 epoch 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
9.14K gFLOOR20%
Bastard GAN Punks V2
2.28K gFLOOR5%
Chromie Squiggles
1.09K gFLOOR2.4%
CryptoPunks
1.42K gFLOOR3.1%
ENS:10K Club
111.19 gFLOOR0.2%
Forgotten Runes: Wizards
0 gFLOOR0%
Milady Maker
31.52K gFLOOR69.1%
Redacted Remilio Babies
54.06 gFLOOR0.1%
The Saudis
0 gFLOOR0%
Abstain
0 gFLOOR0%
Status Quo
0 gFLOOR0%
Quorum:182%
Timeline
Sep 30, 2023Proposal created
Sep 30, 2023Proposal vote started
Oct 04, 2023Proposal vote ended
Jun 05, 2024Proposal updated