M3 DAOby
m3dao.eth
📌 Completion of Phase 2: Community Decision on Strategic Direction for MCD
We are pleased to announce the successful completion of Phase 2 in the MarsVerse community’s MCD distribution initiative. This milestone marks another significant achievement, with a total volume from Phase 1 & Phase 2 of 1,050,000 MCD tokens distributed to holders based on their UME holdings. This further reinforces our community’s commitment to MCD’s growth within the M3 DAO ecosystem.
MCD’s scarcity and decentralized structure continue to position it as a valuable asset within the Web3 landscape. With Phase 2 now complete, we invite our community to deliberate on the next step. Should we continue with a phased distribution to deepen network participation, or pivot towards a potential exchange listing to enhance MCD’s accessibility and visibility to a broader audience?
This is a defining moment for MCD’s trajectory. Your involvement in this vote ensures our path aligns with the collective vision of the MarsVerse community, grounding MCD’s future in the principles and priorities that matter most to us.
🔸 Phase 2 Results: Summary
• Snapshot Date:** February 19, 2025, at 6:00 (UTC+4)
• Total UME in Network: 30,244,209
• MCD Distributed: 630,000 tokens
• Distribution Ratio: 48 UME = 1 MCD
• The second phase has expanded our foundation of committed holders, fostering long-term loyalty and reinforcing the integrity of our growing network.
🔸 Voting Options:
-
Proceed with Phase 3 of Distribution: • Distribute an additional 30% of the total MCD supply (630,000 tokens) after another 90-day period.
• This phase will be based on UME holdings at specific intervals, further rewarding dedicated UME holders and enhancing MCD’s strategic scarcity. -
Initiate MCD Listing on an Exchange: • Listing MCD could substantially broaden its visibility and accessibility, increasing its liquidity.
• This option would pause further phased distributions, focusing instead on maximizing MCD’s exposure and market presence.
🔸 Purpose of Community Vote:
The decision to proceed with additional distribution phases or prioritize an exchange listing is pivotal for MCD and the M3 DAO ecosystem. MCD’s scarcity and decentralized nature have garnered significant community interest, underscoring its potential. This vote offers you, our community members, the opportunity to influence MCD’s path, shaping a future aligned with our collective goals.
📍How to Vote?
• Cast your vote with your VoteToken2
(Contract Address: 0x99506857F059329bC72D56051d8AfFaf0A311f18), airdropped to all MCD holders at a 1 MCD : 1 VoteToken2 ratio.
• Connect your wallet and cast your vote.
• The option that receives the majority vote will determine our next steps.
Seize the Opportunity to Shape MCD’s Future
This decision will not only define MCD’s journey but also reflect the values and vision of our entire MarsVerse community. We encourage you to make your voice heard and take an active role in directing MCD’s strategic future.
Your Decision. Our Future!
Off-Chain Vote
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- Author
m3dao.eth
- IPFS#bafkreif
- Voting Systemsingle-choice
- Start DateFeb 19, 2025
- End DateFeb 21, 2025
- Total Votes Cast23.07K VT1
- Total Voters593
Timeline
- Feb 19, 2025Proposal created
- Feb 19, 2025Proposal vote started
- Feb 21, 2025Proposal vote ended
- Feb 21, 2025Proposal updated