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MutantCats DAOMutantCats DAOby0xD2AE149dA9445d6476EA5d119410267dcE038a08yakuzah.eth

Should we approve Board's Marketing Proposal?

Voting ended over 3 years agoSucceeded

After the recent operation of selling some of our MAYC/APE, the board believes it has de-risked the DAO's balance sheet and secured plenty of liquidity to build the project over the next months and years, including 1.48k ETH and 1.2m USDC.

The board also believes that our project is significantly undervalued and is proposing an autorization to earmark 100 ETH to buy MCs from the floor. This is not going to be done in one transaction, but at random times, in small batches and only at prices we believe are at a significant discount, in order to avoid front-running. The acquired MCs will be stored in the Gnosis vault and will be non-voting for snapshot purposes. In the medium-term, we intend to use those MCs as part of our marketing strategy, including but not limited to promotional giveaways, collab partnerships, influnecers, raffles and equity deals.

TDLR

  • Authorize the board to use up to 100 ETH to buy Mutant Cats from floor at random times and only at low prices.
  • Cats will be stored in the Gnosis Wallet and they will not have voting rights.
  • Mid-Term they will be used for all kind of promos, collabs, giveaways, equity deals, etc etc etc.

Off-Chain Vote

Approve
1.29K MUTCATS 99.8%
Disapprove
2 MUTCATS 0.2%
Download mobile app to vote

Timeline

May 05, 2022Proposal created
May 05, 2022Proposal vote started
May 07, 2022Proposal vote ended
May 12, 2025Proposal updated