Intro: To further increase the utility of Squid NFTs — I propose that only NFT holders be allowed to propose any governance proposals.
veSQUID holders will be allowed to vote on all votes, but cannot make new proposals.
Rationale: Making Snapshot proposals NFT only further aligns incentives between NFT holders and the treasury.
We want VCs / investors / chads to buy NFTs to propose various ETH strategies to help grow their portfolio companies. We must prevent investors from simply buying $1 of veSquid — and force them to bid up NFT auctions. Holding the NFT will encourage continued participation in the protocol from investors.
veSquid holder will still be able to vote on proposals - just not post them.
For: Make SquidDAO’s snapshot proposals NFT ONLY.
Against: Do Nothing.
Quorum is 32 votes