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REMIX! DAOREMIX! DAOby0x4936373881355e0F657e8101C7Da6253f3cD9438ninosip.eth

Second floor MAYC acquisition to stake

Voting ended over 2 years agoSucceeded

Proposal - Second DAO Mutant

Purpose: To add another MAYC as we have two MAYC no longer being staked and can take advantage of current low MAYC floor price.

Resources: We have 39.89 ETH in the treasury

Details: Using 8.5 ETH to purchase a floor mutant and stake 2042 $APE bringing in an extra 200 $APE monthly with 100% going back to running DAO

**Justification: **Can capitalise on Q3 & Q4 of APE staking and generate revenue to keep the DAO running without depleting the DAO’s ETH reserve. Additionally if the MAYC increases more than double toward the 20 ETH mid term in, we can look at voting to flip and bring in further revenue

Off-Chain Vote

Buy Floor MAYC
1.14K VOTE46.2%
Do not buy Floor MAYC
1.33K VOTE53.8%
Abstain
0 VOTE0%
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Timeline

Jun 19, 2023Proposal created
Jun 19, 2023Proposal vote started
Jun 26, 2023Proposal vote ended
Jun 26, 2025Proposal updated