GBC's Second Treasury Investment

Intro

Hey Berries! In this vote we will conclude our second Treasury investment.

As a reminder, the Blueberry Club members voted overwhelmingly 80% GLP and 20% GMX for our previous vote. (60 ETH)

GBC Treasury:

• 2,049 GMX (Bought at 19.5$)
• 154,660 GLP
• 50 ETH

We will compound the treasury several times a week and we’re working on a Treasury Page for our website that will feature our earnings and future estimated yield.

Team

Regarding the remuneration of the team for putting our project together, we initially planned 5 ETH each after the public sale... but.

we thought of an alternative to taking that money into the bank so instead, we would to pay ourselves directly with GBC's to form a skin the game and incentivize a stronger commitment to our project.

To avoid us front-running specific berries or rares, We will mint 125 GBC's every friday at 20 UTC during four weeks (500 GBC Total) to keep things a lil more random, in case the mint is done, we'll buy GBC's directly from the floor at a max price of 0.03

Note: We have settled ahead of time that our contract dev will be paid 5 ETH.

Proposal

We will be transferring 50eth to our Treasury and continue with the same voting choices we previously held

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Lets discuss this proposal in our #governance Discord Channel and let us know your thoughts