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$STARDUST DAO$STARDUST DAOby0x8CbF96319b3C56d50a7C82EFb6d3c46bD6f889BaSOJU

STARDUST LAUNCH: Deciding on Token Starting Price and FDV / Marketcap

Voting ended over 1 year agoSucceeded

Nyan-starderp-still-1.jpg

GM frens!

We currently have a very important choice to make regarding the upcoming STARDUST launch! ✨

The original launch price was planned to be $0.0001 at a low 100k FDV (fully-diluted-valuation)

But recently the P00LS team created an LP vault at $0.01, 10 Million FDV (fully diluted valuation). They have asked me if I want to deploy this instead, or keep the original planned value.

So frens we have to pick one of the following for launch:

(1) HIGH FDV/MARKETCAP - ($0.01) This results in a juicy weekly airdrops in $usd value to start (many of you will have a gud bit from the last couple months), but also possibly results in heavy selling-pressure to start out. This method will allow frens to have sum nice genesis rewards, but our token liquidity could be much less effective and depleted much faster (we have 1k $USD of sell-liquidity to start). Basically there is moar downside-risk involved for buyers, and sum might see the token as overvalued at launch.

(2) LOW FDV/MARKETCAP - ($0.0001) This results in less juicy weekly airdrops/genesis rewards to start out in $USD value, but comes with an opportunity to be early and buy alotta $SOJU at a very low market launch price. In this scenario our initial liquidity could be moar stable, and less sell pressure/downside-risk is present for initial buyers. Moar natural price-discovery and upside price growth is possible overtime.

To put it simply, do frens want a larger $USD genesis reward drop now from the tokens they already have, or the opportunity to be early and own own lotsa STARDUST at lower fair launch price?

The choice is yours frens <3

Off-Chain Vote

$0.0001 at 100k FDV (low) ✨
71.71K SOJU82.3%
$0.01 at 10M FDV (high) ✨
4.12K SOJU4.7%
Have SOJU decide wuts best ✨
11.33K SOJU13%
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Timeline

Jul 23, 2024Proposal created
Jul 23, 2024Proposal vote started
Jul 25, 2024Proposal vote ended
Dec 20, 2025Proposal updated