Overview
It’s the end of the year, and notably the end of the 2024 tax year. We sold wBTC for a profit this past year and will owe capital gains tax on it. The proposal is to sell all the $TOPIA token we have to offset the gains of the BTC sale.
Goals
Sell all $TOPIA token before the end of 2024 to recognize a loss.
FrankenDAO Benefits
Save the FrankenDAO roughly $30k in capital gains tax.
Timeline
Immediate
Execution plan
Sell $TOPIA in DAO multisig on uniswap
What areas of the community does this touch?
General, FrankenDAO
Off-Chain Vote
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- Author
Dan
- IPFS#bafkreih
- Voting Systemsingle-choice
- Start DateDec 20, 2024
- End DateDec 23, 2024
- Total Votes Cast9.02K VP
- Total Voters2
Timeline
- Dec 20, 2024Proposal created
- Dec 20, 2024Proposal vote started
- Dec 23, 2024Proposal vote ended
- Apr 19, 2025Proposal updated