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ShibVinciShibVinciby0x6Bc10225f7223366c0c650507393c3d6CD5890a20x6Bc1…90a2

1st Burn To Start Deflation

Voting ended almost 4 years agoSucceeded

As discussed in the TG and posted in the announcement channel, we have 2.2 eth currently in the treasury after buying another blue chip NFT.

Our world of women NFT is currently up about 7eth of profit which would give us 3.5eth to burn $SHIV if we sold it.

A lot of the community agree that this is one to keep for longer because of the intrinsic value of holding it and it's looking very likely to see a 20eth floor.

Something we could look to do is take the existing treasury of 2.2eth and do a burn to start the deflationary mechanism as the burn wallet will start getting reflections.

This way we keep the growing asset or the WOW but we take some of the profit out of the treasury to benefit the token.

It feels like this could be a good win/win situation for both the portfolio and token.

The sentiment in the TG is positive about this idea so we are progressing to a vote for the holders to decide.

Off-Chain Vote

YES! START THE BURN BABY!
216.66undefined 98.6%
No, Lets save it for an NFT.
3.03undefined 1.4%
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Timeline

Mar 22, 2022Proposal created
Mar 22, 2022Proposal vote started
Mar 22, 2022Proposal vote ended
Oct 26, 2023Proposal updated