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OtterClamOtterClamby0x41222a33d9B40173118BD8B80114a9ce3617664E0x4122…664E

CPI026- Reinvesting DYST Revenue, Phase 1

Voting ended almost 4 years agoSucceeded

We are accumulating DYST quickly(6065 yesterday🔥). Let's discuss more about how to utilize them.

https://polygonscan.com/tx/0x020187c47768cc83f3a4b4c63c152f12b93d89c3ba35d7e15dc0a7ad50607012

Some ideas:

  1. Lock 100% to our veNFT for 4 years.
  2. Lock 50% to our veNFT, sold 50% for revenue.
  3. Lock 50% to our veNFT, sold 25% to MATIC and pair to MATIC/DYST LP to farm more DYST

The good thing about this is that even if we lock up our DYST into veNFTs, those NFTs can still be transferred around (or used in Penrose, when it goes live). So this is more of a "do we reinvest our DYST into the Dystopia ecosystem, or shave off profits now" vote.

Off-Chain Vote

Lock 100% to our veNFT for 4 yrs
1.11K vPEARL10.5%
Lock 50%, sell 50%
100.62 vPEARL1%
Lock 50%, convert 50% DYST/MATIC
9.34K vPEARL88.5%
Do Nothing (Keep earning DYST)
0 vPEARL0%
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Timeline

May 29, 2022Proposal created
May 29, 2022Proposal vote started
Jun 01, 2022Proposal vote ended
Oct 26, 2023Proposal updated