TLDR;

A proposal on the FloorDAO snapshot has been made by the community to diversify the FloorDAO treasury holdings.

The plan for the proposal is below

• Liquidate $1.2m of holdings (across vTOKEN, xTOKEN, and xTOKENWETH)
• Deploy 5% to Spice NFTfi
• Deploy 5% to NFTX MILDAY/ETH pool
• Stake 90% as ETH in Lido (stETH)

A breakdown of the assets to liquidate below

Full details can be found on FLOOR Treasury Diversification Proposal, and the discussion in on the Floor Forum

Quorum

• Minimum Quorum: More than 10% of circulating, non-treasury NFTX must participate for a proposal to Pass.
• Passing Threshold: All of the NFTX gFLOOR holdings (approximately 9k) will go towards the winning vote.