Proposal to Sell/Partially/Not Sell $CAKE

DAO Proposal: Sell/Partially/Not Sell $CAKE

**Overview:
** This proposal outlines a strategic decision to sell or partially sell or not sell the total amount of treasury $CAKE tokens. The proposal is important because of the recent events folding around pcs and the new tokenomics proposal. As veCake structure looks to be in the verge of being removed and as a result around 75million $CAKE tokens will unlock from the users & subDao protocols at once, creating a massive market reaction which could possibly tank the price of $CAKE.

Proposed Dao Vote Options:

🔸Sell 100% of Cake (Includes CAKE & mCAKE) 🔸Sell 50% of Cake (Includes CAKE & mCAKE) 🔸Don’t sell any Cake

**Rationale:
**

🔸1. Avoid Market Volatility: Selling CAKE allows SquadTreasury to avoid the market dump that may occur. 
🔸2. Treasury Security: Allows treasury to stay healthy not matter what happens to CAKE. 
🔸3. Potential buyback opportunity: Gives the treasury a potential buyback opportunity if the price drops. 
 Discussion Timeline:

• Community Discussion Period: 24 hours for open discussion, feedback, and proposal
refinement. Implementation Timeline:
If approved, the proposal will be implemented in 1/2 days.

Pros:


▪️1. Healthy Treasury

▪️2. Buyback Opportunity

▪️3. Avoid market volatility

Cons: ▪️1. The Price might Go Up

▪️2. Possible Loss of Treasury Value