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ReidarReidarby0x7a986b3e98A9cFCe38E2070ACC6b0e2ACeD31C91abeisr.eth

Buy Four shares in ProoferDAO

Voting ended almost 4 years agoSucceeded

Proposal 064: Buy Four shares in ProoferDAO

Total Price: 10.64 $ETH

When: Upon the passing of this proposal

What + Why: The NAV per ProoferDAO token is ~2.94 $ETH (Assets can be found here: https://gnosis-safe.io/app/eth:0x0539c622062567564F157A9885BeDE7e1c1Fb296/balances). We can get four tokens if we act quickly at an average price of ~2.66 $ETH per token. This is close to a 10% discount to NAV. Not only is this a good value play, but also this provides us fractional exposure to the entire proof ecosystem: Proof passes, Moonbirds, and Grails.

This is a bet on proof, which requires far less capital than buying a pass, less than buying another MB, and lower risk than betting on Grails.

Bear Case: NFT Bear Market, Proof Ecosystem is overvalued, limited liquidity due to structure

Off-Chain Vote

Yes
624 RDR62.3%
No
352 RDR35.1%
Abstain
26 RDR2.6%
Quorum:155%
Download mobile app to vote

Timeline

Apr 21, 2022Proposal created
Apr 21, 2022Proposal vote started
Apr 22, 2022Proposal vote ended
Dec 20, 2025Proposal updated