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Frog SoupFrog Soupby0x544E205B0715a74f567e45342Bf59ACB333Ff28B0x544E…f28B

Higher Purpose for Burn Funds

Voting ended almost 3 years agoSucceeded

This proposal is to decide if burn-allocated funds should be repurposed to be more useful to the project. The balance reserved for this is currently 0.42ETH.

Firstly, we can simply keep it in ETH and move its balance into that which is reserved for marketing use. This will give us more flexibility and options when it comes to promoting TOAD and the Cafe.

Secondly, TOAD can be purchased with the funds but instead of burning it, it would be held in the Cafe’s contract wallet for later use which may include giveaways, contest prizes, or other marketing purposes.

Finally, the original approach can be taken which is to simply buy TOAD at market value and send it to be locked away for good, removing it from circulation.

Whichever option receives the most votes will be enacted after the voting period closes.

Off-Chain Vote

Move ETH to Project Funds
38 SOUP79.2%
Buy $TOAD and hold for community
0 SOUP0%
Buy $TOAD and Burn/Lock forever
10 SOUP20.8%
Download mobile app to vote

Timeline

Jun 16, 2023Proposal created
Jun 16, 2023Proposal vote started
Jun 18, 2023Proposal vote ended
Oct 26, 2023Proposal updated