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Panda Paradise DAOPanda Paradise DAOby0x7F8cd23aF1BD2fe18b84c792CB767Ddce4d64b6a0x7F8c…4b6a

What shall Panda Paradise do in regards to $APECOIN

Voting ended almost 4 years agoSucceeded

As we know, for owning Bored Ape #4298 we were airdropped ~10094 Ape Coins and as there is a vote going on that will determine the fate of ApeCoin for holders globally, it is our duty to notify the community of our options https://forum.apecoin.com/t/aip-5-staking-pool-allocation-ecosystem-fund-allocation/45

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Once this proposal is decided, we will know the fate and outcome of their staking mechanism. In my opinion , it's fairly early to tell.

However, As a an asset of the Panda Paradise DAO we are facilitating the best interests of the community, and are proposing the following :

  • Hold until Land Sale Announcement
  • Hold until Staking is Available
  • Sell 25% Now and Use for LP . Hold 50% For Major Updates
  • Sell 50% Now and use for LP. Hold 75% for Major Updates
  • Sell 100% Now and use for LP, Project / Game Development

Keeping in mind, the next phase in our roadmap will include a second mint for the 3D collection, which will be in turn used for game development (liquidity and play to earn tokemonics) / marketing / advisory and getting the project into shape for potential VC rounds.

Off-Chain Vote

- Wait for Land Announcement
151.1 46.6%
Wait for Staking
70.73 21.8%
Sell 25% Now. Hold the rest
44.67 13.8%
Sell 50% Now. Hold the rest
52.5 16.2%
Sell 100% Now. Hold the rest
5 1.5%
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Timeline

Mar 29, 2022Proposal created
Mar 29, 2022Proposal vote started
Apr 03, 2022Proposal vote ended
Oct 26, 2023Proposal updated