Proposal: Align the availability to allocate our ETH holdings on the same schedule as our DAO token distribution:
Initial Value: 62 ETH* PHASE 1: 40% (24.8 ETH, Sept. 26th, 2022) PHASE 2: 30% (18.6 ETH, Mar. 26th, 2023) PHASE 3: 30% (18.6 ETH, Sept. 26th, 2023)
*Note: this only applies to the ETH that was in the DAO fund on Sept. 26th, 2022 when the first tokens were available for claims.
Justifications:
A schedule for release of funds will give us a non-emotional way to allocate funds. This also gives the DAO a 12 month runway to continue strategizing and developing other income streams. Also, by aligning the schedule with DAO governance token unlock we align the decision making on spending with the changing makeup/distribution of the DAO members.