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MutantCats DAOMutantCats DAOby0xD2AE149dA9445d6476EA5d119410267dcE038a08yakuzah.eth

What should we do with our rewarded $APE?

Voting ended about 3 years agoSucceeded

The DAO has staked 54,786 $APE, the maximum allowed based on our BAYC/MAYC holdings. At current yields, the DAO will receive roughly 10,000 $APE in rewards per month. We plan to claim the rewards on a monthly basis to reduce gas costs (each Ape's rewards are claimed separately).

We are launching a community vote to decide what to do with the rewards. Please bear in mind that we would need about 1/3 of the rewards to satisfy our Voting Reward program and other Community giveaways.

Please vote on the 4 options below:

  1. Keep 33.3% in APE, Convert 66.7% to ETH
  2. Keep 33.3% in APE, Convert 66.7% to USDC
  3. Keep 33.3% in APE, Convert 33.3% to ETH and 33.3% to USDC
  4. Keep 100% in APE and stake in the APE only pool (yield is half compared to pools with committed Apes)

Off-Chain Vote

33% APE, 67% ETH
151 MUTCATS 9.3%
33% APE, 67% USDC
152 MUTCATS 9.4%
33% APE, 33% ETH, 33% USDC
1.29K MUTCATS 79.7%
100% APE and Stake it
26 MUTCATS 1.6%
Download mobile app to vote

Timeline

Dec 29, 2022Proposal created
Dec 29, 2022Proposal vote started
Jan 01, 2023Proposal vote ended
May 12, 2025Proposal updated