Should we swap 100 ETH to SOL? Should we lower Fidenza Price?

Hello everyone, We wanted to provide an update today on a topic that we know is top of mind for many of our members. For a while now we have been hearing the community ask for the DAO to make a move into the Solana ecosystem. As we explore Solana more and learn about their multisig wallet options, we have become more confident in our ability to make this move. We also realize that market volatility makes the timing of these things difficult and due to that reason and the fact that this has been an ongoing request tha we are inclined to fast track this to a DAO vote.

Our proposal is simply to swap 100 ETH from our treasury for Solana. The Solana would be held in a Solana Multisig wallet with the same trusted signers as our primary Gnosis multisig. If approved, the DAO will also stake the SOL to diversify and maximize our benefit.

Lastly, we would like to include an amendment to the previous proposal in this snapshot. The amendment would be to lower the selling price of our Fidenza. We are including it on this vote to reduce the expense of having multiple votes. The amendment would be to reduce the viable selling price to 35ETH.

IMPORTANT The options will be as following: Option 1: YES, swap 100 ETH for SOL and YES lower Fidenza Price. Option 2: YES, swap 100 ETH for SOL and NO, do not lower Fidenza Price. Option 3: NO, Do not swap any ETH and YES, lower Fidenza Price. Option 4: NO, Do not swap any ETH and NO, do not lower Fidenza Price.

If you have any question please reach out to any of the team members on Discord!