Road to Short Term Liquidation

There has been some consensus around liquidating the DAO. Here's the proposal for short term liquidation that optimizes for minimal overhead and quick exit (and allows those who want to re-enter proof exposure a quicker turnaround to buy back in)

Short Term Liquidation

• 72 hours to find a bulk buyer near the NAV
  • If DAO finds buyer within +/- 5% of blur bid value at that time, then we sell to buyer
• If there's no buyer, then we dump all Proof Passes, Oddities and Moonbirds into Blur Bids, except for Zelda Bird
• We list Zelda bird for market value (12eish) and all Grails
  • Serpin will find a seller and adjust to market value as time goes on
• This will trigger dispersement of ETH to individual share holders
• The DAO will remain open as it seeks to liquidate remaining assets, including proof conference passes, which will likely last until April.

No Short Term Liquidation

• I disagree with the liquidation method and would like to vote against it and submit a proposal at a later date.