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OG:Crystals DAOOG:Crystals DAOby0x3426862Cf088e733D62437ce9E29C73bcA04eb9Eseefood.eth

Reopening the Vote for the future of Heterosis breeding

Voting ended over 2 years agoSucceeded

Dear OGs,

OG.Art has always valued transparency and community involvement. Today, we require your wisdom in navigating through the bear market safely together. Background: Over the past months, breeding activity has been low, and market conditions remain tough. For the business's sake, all expenses need to be carefully watched. There are monthly expenses associated with keeping breeding open and available 24/7 for Heterosis that amount to approx. 4KUSD per month. Additionally, breeding in the past month as slowed considerably. At the current breeding rate, the cost/benefit calculus of keeping breeding open indefinitely does not make rational business sense.

With this in mind, we are reopening the vote for Heterosis' future with three available options, two of which are DAO sponsored breeding extensions. At current ETH prices, the longest breeding extension would require approximately 18% of the funds in the DAO treasury.

1/ Freeze the Heterosis collection starting from August 10 at 12 noon Eastern Time.

2/ Extend the breeding period for 1 month, sponsored by the DAO funds. The cost for this 1-month extension is $4000.

3/ Extend the breeding period for 3 months, sponsored by the DAO funds. The cost for this 3-month extension is $12000.

Your Voice Matters: We rely on your wise decision as always. We want to hear your thoughts on how to proceed with breeding activities during this time. Thank you for being part of this exciting journey!

Off-Chain Vote

Freeze the Heterosis collection
141 OG56.9%
DAO sponsored 1 month Extension
9 OG3.6%
DAO Sponsored 3 month Extension
98 OG39.5%
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Timeline

Aug 04, 2023Proposal created
Aug 04, 2023Proposal vote started
Aug 06, 2023Proposal vote ended
Nov 27, 2024Proposal updated