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Koda Capital DAOKoda Capital DAOby0xDAf23e9BC9B21830f133fad1c717472bddE87A6Cpatei.eth

Operational: Convert ETH to APE

Voting ended about 3 years agoSucceeded

At the time of this proposal creation -

The Koda Capital smart contract currently holds ETH: 1.4
APE: 1980

The DAO Multi-sig holds: ETH: .24 APE: 440

In order for us to max stake both the MAYC + BAKC pools we need 2898 $APE.

I propose we take the 1.4 ETH and convert it to $APE which would be roughly 610 $APE coin (price of 2.90 USD per APE coin).

Doing this secures our $APE coin for max staking in both pools. With the current price of $APE coin, we may end up getting a better swap then if we wait.

Off-Chain Vote

Yes - Let's swap the 1.4 ETH
34 KC100%
Let's only swap for 478 $APE
0 KC0%
No leave it for now
0 KC0%
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Timeline

Nov 12, 2022Proposal created
Nov 12, 2022Proposal vote started
Nov 12, 2022Proposal vote ended
May 30, 2024Proposal updated