Utilize the DAO APECOIN

Voting ended about 3 years agoSucceeded

The Founder's DAO has over 30,000 APECOIN. Right now it is just sitting in our vault, and we should make use of this by either staking, selling, or both.

This proposal gives the option of selling 0, 25, 50, 75, or 100% of our APECOIN, and then staking the remaining.

The sales will be done through Proxy, by Richard (as was done with the Ape and Mutant sales), via his wallet: 0x4e626E64B44A9F299Da9Cb006320297F870A8397

Sale of APE will be converted to ETH and sent back to the Founder's DAO multisig. Staking will commence from the Multisig (as long as possible). IF not possible, we will hold the remaining APECOIN and not stake at this time.

Off-Chain Vote

Sell 100% APECOIN, STAKE 0%

423 PVFD59%

SELL 75% APECOIN, STAKE 25%

11 PVFD1.5%

SELL 50% APECOIN, STAKE 50%

101 PVFD14.1%

SELL 25% APECOIN, STAKE MAX REM

58 PVFD8.1%

SELL 0% APECOIN, STAKE MAX APE

124 PVFD17.3%

Quorum:146%

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Timeline

Jan 06, 2023Proposal created

Jan 08, 2023Proposal vote started

Jan 13, 2023Proposal vote ended

Oct 26, 2023Proposal updated