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LULZ TokenLULZ Tokenby0x000007Ee8698947DE73eb94CD4E89086fe4811460x0000…1146

Should we create a LULZ Citadel?

Voting ended over 4 years agoSucceeded

It is assumed that there are some large LULZ holders that may have more influence or disposable income to donate to the project treasury. Forming a collective core community may help drive direction for marketing and development of the project.

As the project does not have a treasury pool, it might be beneficial to rely on not just the generosity of the community but also a core "foundation" to establish some general trajectory direction. This core community would be a closed group ("Citadel") on Telegram and automatic access would be determined by quantity of LULZ holdings to ensure the most dedicated stakeholders are involved, which also encourages more participants to adopt a larger LULZ holding.

However, implications of forming a more exclusive LULZ community may be perceived as not as decentralized by cutting off smaller networth individuals, hence the call to this governance vote. This inequality may lead to exclusion of balanced community thought by the larger, typical crowd, and perceived "insider" development intel may be negative, optics-wise.

Thus the options are:

  1. Citadel with 500 LULZ
  2. Citadel with 250 LULZ
  3. Citadel with 100 LULZ
  4. Citadel with 69 LULZ
  5. No Citadel

Obviously, the more LULZ required, the more exclusive the Citadel group is. When making a decision, please also consider the potential future value of LULZ for governance. You can see the current distribution of LULZ holders at https://etherscan.io/token/0x89a64014d429509cffda1aebc7eb36b9435794bd#balances

Off-Chain Vote

Citadel with 500 LULZ
0 0%
Citadel with 250 LULZ
0 0%
Citadel with 100 LULZ
814.67 22.7%
Citadel with 69 LULZ
2.75K 76.6%
No Citadel
27.16 0.8%
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Timeline

Jul 30, 2021Proposal created
Jul 30, 2021Proposal vote started
Aug 01, 2021Proposal vote ended
Oct 26, 2023Proposal updated