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friesDAOfriesDAOby0x866e92128a9f1f22CeBfb715836DDD9AbfEac5c99000.eth

#1B: Amendment Conditional Proposal to Option 4 Distribution of Remaining FRIES from Raise

Voting ended almost 4 years agoSucceeded

This refers to proposal #1: https://snapshot.org/#/friesdao.eth/proposal/0x7dc1a3367bf7a5f6569544837177cebd623d1081d538b8787b277a51d34f6b8f

It was suggested that an option could be to distribute remaining FRIES from the https://fries.fund raise to ALL allocation breakdowns (https://friesdao.gitbook.io/friesdao-docs/logistics/usdfries-distribution) equally, effectively maintaining the same total proportion.

Because we cannot edit existing proposals, an amendment proposal is being added as errata in the event Option 4 wins. If it wins, then should we:

Option A: Distribute tokens to treasury contributors only as originally written. This will effectively lower the value (dilution) of non-contributor allocations.

Option B: Distribute tokens to all allocations proportionally. This will maintain proportional dilution equally across the board, resulting only in superficial unit bias change.

Off-Chain Vote

Distribute to contributors only
10.62M 16.3%
Distribute proportionally to all
54.34M 83.7%
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Timeline

Feb 20, 2022Proposal created
Feb 20, 2022Proposal vote started
Feb 22, 2022Proposal vote ended
Oct 26, 2023Proposal updated