Use the treasury funds to buy 5 Squad NFT’s from floor and place bids for 5 more. All airdrop rewards earned by these Squads will go to Squad treasury.

Proposal Number: [ 7 ]

Date: [ 29 November, 2023]

Proposed By: [ Steve Smith ]

Abstract: This proposal aims to use the SquadSwap treasury funds to buy 5 flood Squad NFT’s and bid on 5 more for the betterment of the SquadSwap.All the rewards that will be earned from holding these NFT’s for the next 12 months from the SquadSwap monthly airdrop system will directly go to SquadSwap treasury.

Rationale:

• Increase in Treasury: This will help to ensure that the SquadSwap treasury is increasing and will help in further incentivisation in future.

• Increase the Floor Price: Will help in increasing the Squad NFT floor price along with helping the treasury.

• Decrease the Sell pressure: Decrease the sell pressure coming from the monthly airdrop.

Voting:

• Yes Vote: Agree to use the treasury funds to buy 5 Squad NFT’s from floor and place bids for 5 more

• No Vote: Prefer to Not use the treasury funds for this proposal

• Buy more/less/discuss in the channel

Duration of Vote:

• Voting starts on [29 November, 2023] and ends on [30 November, 2023].

Additional Notes: The community is encouraged to;

• Discuss the implications of this proposal in the community Channel.
• Detailed calculations and potential impacts of the change on the $SQUAD economy.