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Kingpin DAOKingpin DAOby0x90ae1D18d96E71FA067405C66a1Ae46a7a64ca56kingpindao.eth

Should KPDAO re-open membership window?

Voting ended about 4 years agoSucceeded

Should KPDAO re-open for non-genesis membership starting in Feb. 2022 and quarterly thereafter. If voting yes, also determine the valuation for this period at which members will buy in in GUTTR allocated per ETH invested. The base valuation will be determined by the value of the underlying assets owned by the DAO but the difference in option 2,3, and 4 is how much of the USD$100k of GCG capital that has been announced should accrue exclusively to the Genesis members vs being shared pro-rata with the new members joining.

Options:

  1. Re-open at current asset valuation ~704,000 GUTTR/ETH

  2. Re-open at ~557,000 GUTTR/ETH (+ $50k GCG seed accruing to Genesis Members)

  3. Re-open at ~461,000 GUTTR/ETH (+ all $100k GCG seed accruing to Genesis Members)

  4. Do not re-open membership

Off-Chain Vote

Yes, at 704k GUTTR/ETH
488.6K 1.6%
Yes, at 557k GUTTR/ETH
30.62M 98.4%
Yes, at 461k GUTTR/ETH
0 0%
No, do not re-open
0 0%
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Timeline

Jan 31, 2022Proposal created
Jan 31, 2022Proposal vote started
Feb 01, 2022Proposal vote ended
Oct 26, 2023Proposal updated