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A 5 ETH loan has been proposed to the DAO to improve our launch liquidity. The DAO would have to repay the loan in one year, or when the $KULT market cap reaches $100M, whichever comes first, with a 10% interest rate, for a total of 5.5 ETH.
The full proposal can be accessed here: https://ipfs.io/ipfs/bafkreihd5bgwzg67pmkvrmuuowvdckqlteah5abxwhiuik4jnqasluirs4
Do you support the proposal as presented in the linked document?
For any questions or discussions, please engage in the Ж DAO Discord server.