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0xDAO0xDAOby0xC300051bae03A3d1596Da8Bb07030c07Fb5D7d5e0xC300…7d5e

OXD PO3: Set the fee paid to 0xDAO’s treasury to 5%

Voting ended almost 4 years agoSucceeded

Abstract If adopted, this proposal will increase the fee on OXD v2 and SOLID emissions paid to treasury from 0% to 5%.

Motivation The motivation for increasing the fee paid to the treasury is to ensure the long term success and ongoing development of 0xDAO. Currently, both the 0xDAO treasury and team own 0% of the OXD v2 supply — meaning all development work has been done free of charge and all expenses have been paid out of pocket.

The primary uses of treasury funds would be as follows:

  • Compensating team members for their work creating 0xDAO
  • Refund expenses incurred in the creation of 0xDAO
  • Have OXD reserves to compensate ongoing development and maintenance of 0xDAO
  • Ensure the treasury has OXD to support future strategic partnerships

Off-Chain Vote

YES
13.04K 100%
NO
6.15 0%
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Timeline

Mar 14, 2022Proposal created
Mar 14, 2022Proposal vote started
Mar 15, 2022Proposal vote ended
Oct 26, 2023Proposal updated