Proposal to sell BAYC #9004, BAYC #2002 and MAYC #14004, MAYC #28008
Summary: Sell Yuga assets for eth to bolster the DAO’s eth reserves.
Reasoning: By inactively holding these assets, we are being diluted in the ecosystem by users who are staking and siphoning value through $ape staking pools.
Sale Mechanics: Multi sig team transfers Yuga assets to trading hot wallet (0x1993f7392A94f15847D9c2881A590C8a2e1d55Bb)
0xRichard#9127 trade committee (bennydlowkey#1164 & danielg#8576) and Zeekay#9999 will list and sell the Yuga assets at a fair value based on their subjective reasoning within 90 days.
Off-Chain Vote
Sell all (2 BAYC, 2 MAYC)
532 PVFD62.3%
Keep Gfunk BAYC #2002, sell rest
46 PVFD5.4%
Sell None
276 PVFD32.3%
Quorum:174%
Timeline
Mar 20, 2023Proposal created
Mar 22, 2023Proposal vote started
Mar 27, 2023Proposal vote ended
Jun 25, 2025Proposal updated