• © Goverland Inc. 2026
  • Privacy Policy
  • Terms of Use
PrimeDAOPrimeDAOby0x311Cb5b8C61aC1d160E3D21a0390d9C1Fa64688E0x311C…688E

PDP20: Depreciate the remaining Prime services and close the Prime Development Foundation

Voting ended about 1 year agoSucceeded

Background & Motivation The PrimeDAO initiatives started in 2024 failed to gain sufficient traction as showcased in the PrimeDAO H2 2024 update. With no active revenue sources and 3+ months without compensated contributors, PrimeDAO is now essentially a Dormant organization.

To avoid increasing the circulating supply of D2D or spending the Treasury Assets without a clear path to revenue, it is best to depreciate all remaining PrimeDAO resources and channels - besides the PrimeDAO X account and Snapshot space. With no development and without resources, the Prime Development Foundation does not serve a purpose, and the ±20,000 USD a year costs required to keep operating it can’t be justified.

PrimeDAO, through the D2D token and its Snapshot-based Governance, will continue to manage its assets and could be re-activated through a proposal to D2D holders at any point.

Proposal Breakdown If accepted, this proposal would send the Prime Development Foundation a final amount of 6,500 USDT to successfully terminate any remaining paid services and infrastructure, depreciate the remaining PrimeDAO services and websites, and cover the legal expenses of terminating the Prime Development Foundation.

Off-Chain Vote

For
88.65K PrimeDAO Votes100%
Against
0 PrimeDAO Votes0%
Abstain
0 PrimeDAO Votes0%
Download mobile app to vote

Discussion

PrimeDAOPDP20: Depreciate the remaining Prime services and close the Prime Development Foundation

Timeline

Jan 04, 2025Proposal created
Jan 04, 2025Proposal vote started
Jan 09, 2025Proposal vote ended
Jan 10, 2025Proposal updated