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HalloweenBearsDAOHalloweenBearsDAOby0x43b443C4735C92C1db89A6a20E6F6062249288190x43b4…8819

Floor Sweep of HBs to STAKE them FOREVER

Voting ended over 4 years agoSucceeded
  • Sweep floor HBs to STAKE them PERMANENTLY
  • Increase our Staked %
  • Decrease our Circulating Supply PERMANENTLY
  • Permanent Supply Shock
  • Boost momentum & signal confidence in this project
  • Grab attention

Proposing to use part of the ETH in the DAO to sweep Halloween Bears off the floor and then STAKE them....forever taking them out of circulation and increasing our stake % closer to that 50% to gain back MOMENTUM. Its not the usual artificial sweep/pump, because we'd actually be STAKING them and taking them out of supply forever. Lovely supply shock and would signal confidence in this wonderful project and hopefully, get back the momentum we had! I think it's important to act on momentum in a space that moves so fast. And we don't wanna lose too much of that and slowly move out of the limelight. Something like this would signal confidence and leaving them staked would cut our supply PERMANENTLY and not make this the usual artificial pump sweep. We should take action now while there are eyes on us, and really leverage that attention best we can

I understand some people think its bad and a temporary solution to sweep, but I think it's a completely different proposition when you're sweeping to STAKE all of them. Imagine our circulating supply decreased PERMANENTLY. Watching that Stake % rise would really pump this community up too, imo and get new eyes onto this project quickly. Not to mention getting us closer to our goal of 50% and that LP added. Fast acters are the ones who get rewarded in this NFT space, otherwise it's easy to fall behind and be forgotten. We should do as much as we can to leverage the attention we have now, and not let momentum slow down too much.

This is not a short term plaster solution. It's a calculated play to move us in the right direction both short term and into the long term.

Off-Chain Vote

Yes
1.1K 42.8%
No
1.47K 57.2%
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Timeline

Oct 24, 2021Proposal created
Oct 24, 2021Proposal vote started
Oct 26, 2021Proposal vote ended
Oct 26, 2023Proposal updated