Proposal 146: Establishment of Memecoin Trading Subcommittee

This is a proposal to establish a formal subcommittee for the express purpose of trading memecoins. Allocation, subcommittee membership, and operating rules will be established subsequent to the approval of said committee.

If approved, this subcommittee will be comprised of a small group of DAO members who are familiar with memecoins. Potential subcommittee members can self nominate and will be subject to a Y/N vote by the full DAO. If established, the memecoin subcommittee will have autonomy to trade the allocated funds according to rules to be set forth without each trade being subject to a vote by the full DAO. This is necessary due to the fast moving and ever evolving nature of the memecoin space. The subcommittee will have a clear mandate to maximize ROI for the benefit of the DAO and be required to provide regular updates on positions and trades to the full DAO. Trading memecoins comes with the inherent understanding that due to the volatile nature of memecoins this could lead to loss of principle, while offering the potential for outsize returns.

This is a simple Yes or No vote to establish said subcommittee.