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StackedToadzStackedToadzby0x629b62594d415751261Ab3CF76D46D915F173f6a0x629b…3f6a

Toadhalla DEGEN WALLET Proposal

Voting ended about 4 years agoSucceeded

PROPOSAL StackedToadz are proposing a small allocation of eth into a new ‘DEGEN WALLET’.

WHY? We Toadz are rich! At the time of writing, we have around 80.809 ETH and 116.16540621 OHM! That is around 475K$ in our vault! Out of that, we still have 375K$ worth of ETH just lying around.

PUT MONEY WHERE YOUR MOUTH IS To whet your appetites, here are some previous degen calls:

  1. $GM at sub $10 million market cap, we could have turned 1 eth into 50 eth for the DAO if we had done this.
    
  2. IDOs to which we can set and forget a small amount of money.
    
  3. Calls leading to more than 2x gains: GM, TIME, OHM, METIS, HEC, Megapont Apez, DeFi Kingdom, SPA 😉
    

All the money gained will be reinvested into toadz’ future, hiring more devs, buying more raffle rewards… WE WANT TOADZ TO SUCCEED.

HOW WILL THIS WORK?

  • Create a new degen wallet with X ETH.

  • This will be 2/5 multi-sig, meaning 2 people will have to sign transactions at any given time to confirm. Why not more? because degen calls need to be quick else you lose 2-5-10x in a day. We cannot wait for people to sign because of time differences.

-A 5 member team, hereby called, STACKED DEGENS will be formed.

  1. JC
  2. Weezy
  3. LORD 69
  4. EO
  5. StoneyJohnson
  • The calls will be decided and discussed by the STACKED DEGENS. THEY WILL NOT NEED ANY PERMISSIONS/APPROVALS FROM ANYONE ELSE. NOR WILL THEY NEED TO ANSWER ANY QUESTIONS.
  • The wallet address will be available for everyone to see and track.

WHAT IF THIS GOES WRONG?

  • Degen plays are well, degen. They could evaporate all the money in minutes. HIGH RISK, HIGH REWARD.
  • No call should have more than 20% allocation at the time of buying. This is to ensure we do not put all our eggs in one basket.
  • If things do go wrong, the STACKED DEGENS should NOT be held accountable or called out for any of the calls, THIS IS DEGENLAND.
  • WE HAVE SOME REALLY SWITCHED-ON INDIVIDUALS WITH GREAT CONNECTIONS WHO CAN MAKE ESTEEMED JUDGEMENTS TO MITIGATE THESE RISK OF CAPITAL LOSS.

Off-Chain Vote

0 ETH (DEGENS, STAY AWAY)
11.33K 1.4%
5 ETH (DEGENS, LETS RISE)
8.9K 1.1%
10 ETH (DEGENS, LETS CONQUER)
764.42K 97.4%
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Timeline

Nov 17, 2021Proposal created
Nov 17, 2021Proposal vote started
Nov 18, 2021Proposal vote ended
Oct 26, 2023Proposal updated