• © Goverland Inc. 2026
  • v1.0.1
  • Privacy Policy
  • Terms of Use
GrailersDAOGrailersDAOby0xfEa60461324cFA6d07CfE1551599F2Bb139C3543mathewzilla.eth

Prop11: Vote #1 - Target for fundraising for final mint before IC reveal (December 9th)

Voting ended about 4 years agoSucceeded

Authors: #grailers-cafe and #prop11-final-mint-before-12-9 participants . Typed up by @mathewzilla

Vote #1 - Target for fundraising

Goals:

  • Raise enough eth to purchase 2 or 4 more Incomplete Control mints (8 total or 10 total)
  • Raise funds in a timely manner to allow multisigs to commence acquiring IC mints before the option claiming window closes on 19th November.
  • Price mints to satisfy three goals: reflect price discovery from previous auctions; allow quick sale; not punish previous DAO entrants through over-dilution of tokens

Parameters of a snapshot vote:

  • Vote 1: Total eth to raise: ~300 eth (4 ICs) vs ~150eth (2 ICs) vs 0eth (no more ICs)
  • Vote 2 (to follow): Price - Ranked preference voting 1.5eth (200/100 mints) vs 1.8eth (166/84 mints) vs 2eth (150/75 mints) vs 2.2 (136/68 mints) vs 2.5 eth(120/60 mints) vs 3eth (100/50 mints)

Further details:

  • Totals to raise do not reflect eth already in the treasury to allow headroom for operations (cost of pre-minting NFTs, covering gas etc)
  • Timing: Within 24 hours of auction close - Wednesday 17th November
  • Raise allows multisigs to use judgement in deal making (to purchase 1 or 3 or 5 ICs depending on market and available funds)
  • Makes no change to already planned auctions ending Tues 16th November

Off-Chain Vote

300 eth (4 more ICs, 10 total)
189 51.2%
150 eth (2 more ICs, 8 total)
179 48.5%
0 eth (no more ICs, 6 total)
1 0.3%
Download mobile app to vote

Timeline

Nov 15, 2021Proposal created
Nov 15, 2021Proposal vote started
Nov 17, 2021Proposal vote ended
Oct 26, 2023Proposal updated