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RuGenerous DAORuGenerous DAOby0xacccCC99767209dBFBEc22A9673beA9864FBb1cd0xaccc…b1cd

RIP #24 - Pudgy Acquisition Plan - 6873, THE PUDGIEST PENGU

Voting ended over 3 years agoSucceeded

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As we have been discussing the prospect of adding NFT exposure to the Treasury, there have been lots of positive responses for acquiring Pudgy Penguin #6873. The PUDGIEST Pengu, brave enough to face left when the rest of the world faces right. This presents an opportunity to obtain a 1 of 1 NFT from a blue chip collection and would fill our NFT exposure void.

https://opensea.io/assets/ethereum/0xbd3531da5cf5857e7cfaa92426877b022e612cf8/6873

This is a proposal to decide whether or not to acquire Pengu 6873, and what amount of treasury funds to authorize to acquire Pengu 6873 if so.

If we vote in favor of acquiring Pengu 6873, an ETH multisig will be set up under the RUGenerous banner and funds (up to the amount authorized in the vote) will be transferred from the AVAX multisig to the ETH multisig to purchase it. Execution in regard to timing, offers, and negotiation will be left to Dre and the multisig signers.

The options for this RIP are as follows:

  1. Do not attempt to purchase Pengu 6873
  2. Attempt to purchase Pengu 6873, authorize up to $350k USDT (~186 ETH currently)
  3. Attempt to purchase Pengu 6873, authorize up to $400k USDT (~213 ETH currently)
  4. Attempt to purchase Pengu 6873, authorize up to $450k USDT (~239 ETH currently)

Additional words from our mystical wordsmith, Ethical:

Petit a petit, l’oiseau fait son nid

As the minutes turn into hours and then days into years, thoughts of what could have been fill your head, you are ruminating. You can almost taste them on your tongue—words that would only lag behind in their endlessness as they fade away without even having had a chance to begin yet another wasted journey through life's monotony-filled wastes. Every move and every action needed to wait—you simply needed more time and now, the time is right. A pudgy penguin is within your grasp. All you have to do is stand up and reach for it. A lost piece of what you were—a glimmer of hope, for you know that once you get this... God will be in his heaven, and everything will finally be normal. Little by little, the bird makes its nest.

Off-Chain Vote

Do not attempt to purchase
919.99 RUG2.2%
Attempt, authorize $350k USDT
6.56K RUG15.4%
Attempt, authorize $400k USDT
18.01K RUG42.1%
Attempt, authorize $450k USDT
17.23K RUG40.3%
Download mobile app to vote

Timeline

Aug 12, 2022Proposal created
Aug 12, 2022Proposal vote started
Aug 15, 2022Proposal vote ended
Oct 26, 2023Proposal updated