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:
$GM at sub $10 million market cap, we could have turned 1 eth into 50 eth for the DAO if we had done this.
IDOs to which we can set and forget a small amount of money.
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.
WHAT IF THIS GOES WRONG?