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Mutant Cats DAOMutant Cats DAOby0xD2AE149dA9445d6476EA5d119410267dcE038a08yakuzah.eth

Should the DAO approve the Updated Reward Proposal?

Voting ended over 2 years agoSucceeded

Our rewards initiative was aimed at rewarding holders for participating in the DAO through APE and has had its successes. Still, given the current state of APE coin, the meaningfulness of this initiative has diminished. Therefore, we would like to propose a temporary shift away from APE rewards, opting to reward holders directly with ETH in the same fashion as before.

Under this proposal, for the next three months, voting rewards will be set at 0.01 ETH per cat, per vote, instead of the previous 1 APE per cat. At the end of the three months, we will reevaluate market conditions, and the DAO would vote again on how to proceed.

Voting YES: You are supporting this new reward proposal and future rewards would be in ETH.

Voting NO: You are not supporting this new reward proposal and future rewards would stay in APE.

if you want more info about this, please read: https://discord.com/channels/894337851762802718/894716961391517696/1164359032736321556

Off-Chain Vote

Yes, rewards in ETH.
2.15K MUTCATS98.8%
No, keep rewards in APE.
26 MUTCATS1.2%
Download mobile app to vote

Timeline

Oct 19, 2023Proposal created
Oct 19, 2023Proposal vote started
Oct 23, 2023Proposal vote ended
May 12, 2025Proposal updated