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SQUID DAOSQUID DAOby0x582883c00A6b7a93110560Fac6b13122bB0e32570x5828…3257

(KGP) - 1: Creation and Issuance of veSQUID

Voting ended over 4 years agoSucceeded

Thanks @SmallCapScience @DCF GOD @0xCerCephla @ravensky for initial discussion.

Kraken Governance Proposal (KGP) - 1 Creation and Issuance of veSQUID

  1. Creation of veSQUID a) New token, vested SQUID, henceforth known as veSQUID shall be created b) Locked sSQUID converts to veSQUID 1:1 with no minimum amount of sSquid

  2. Issuance of veSQUID a) veSQUID will initially only be issued to Squid DAO NFT holders b) Squid DAO NFT holders shall be issued 1.00 veSQUID per Squid DAO NFT c) Any Squid DAO NFT holder may also decide to convert some portion of their sSQUID into veSQUID

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Timeline

Nov 07, 2021Proposal created
Nov 07, 2021Proposal vote started
Nov 13, 2021Proposal vote ended
Oct 26, 2023Proposal updated