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NFZ School DAONFZ School DAOby0x7BF710B12eB62156bE820297a194E436c100DE600x7BF7…DE60

Stake Uninterested Unicorns 2nd Vote

Voting ended almost 4 years agoFailed

REPEATING THIS DAO VOTE DUE TO QUORUM (300) NOT MET IN PREVIOUS - extending the vote period to one full week this time

The DAO currently holds 6 zombie Uninterested Unicorns at an average acquisition cost of 0.42 eth. Despite a run earlier, the Unis have dipped down and the floor on the zombie unis is 0.08 eth at the time of this writing. The Unis have been the weakest of the three pillar starting NFT projects in the DAO (Mutants, Deadfellaz, Unis) but are the only ones that offer staking for a token, $UCD, which offers utility and has held steady in value over the past few months.

For consideration: This proposal is to vote on whether five out of six of the unis in the DAO should be staked to earn $UCD, which incurs gas fees and limits liquidity. There are options for 1, 3, and 6 month staking.

NFZ Team Recommendation: Current market conditions do not make it favorable to sell. Staking causes usage of gas fees that limit the ROI on $UCD earned, but this is a bet on the long-term potential of the coin as the Unis build out a game. Staking for $UCD also helps improve the value return and the coin has been steady despite alt coins taking a hit. The team lightly recommends to stake for 3 or 6 months, whichever the majority here prefers.

Due to staking time options, voting is set to allow for selection and ranking of options.

Off-Chain Vote

Do not stake
0 NFZ0%
Stake for 6 Months
214 NFZ96.4%
Stake for 3 Months
8 NFZ3.6%
Stake for 1 Month
0 NFZ0%
Quorum:74%
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Timeline

Apr 15, 2022Proposal created
Apr 15, 2022Proposal vote started
Apr 23, 2022Proposal vote ended
Oct 26, 2023Proposal updated