Proposal to add an amendment to the treasury claims schedule.
Background
The treasury claims module was completed several weeks ago and is ready to deploy when it is desirable to do so.
So, the question is when is the most desirable time to deploy it?
Motivation
Extract the most value possible from the assets we hold for the community.
Assets
Seeing that our DAO primarily invests in early-stage Web3 projects, most of the projects we have invested in have not yet launched so they need time to finish building their products and bringing them to market.
Releasing treasury assets for claiming now would devalue the METFI token and remove the potential for the treasury assets to mature.
Market Cycle Potential
It’s a well-known fact that the optimal time to sell any asset is when prices are high.
If history repeats itself, we should see the market significantly increase in value over the next 12-24 months
While no guarantees of future potential values can be made, if historical market cycles repeat, the value of the assets we hold could increase significantly.
The devs strongly recommend voting in favor of this proposal with a FOR vote, as making any treasury claims this early in the cycle would most likely end up as a loss for the entire community.
Vote Discussion
Join the discussion on this proposal in the MetFi DAO Discord and head to the #vote-discussion channel.
Proposal
If the community approves this proposal with a FOR vote – the DAO will hold the treasury assets in the short term and will revisit this topic when one or more treasury assets have had time to mature.
Please vote FOR to approve this proposal or AGAINST to block this proposal.
Off-Chain Vote
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- Author
MetFi
- IPFS#bafkreie
- Voting Systemquadratic
- Start DateDec 28, 2023
- End DateDec 31, 2023
- Total Votes Cast2.31M METFI
- Total Voters165
Timeline
- Dec 28, 2023Proposal created
- Dec 28, 2023Proposal vote started
- Dec 31, 2023Proposal vote ended
- May 02, 2025Proposal updated