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SupDucks DAOSupDucks DAOby0x855cEA9b43Be73c64028104cf273296EAf7b9a1fPhDre

Ronin Investment Prop

Voting ended about 2 years agoSucceeded

Sup, CryptHoe would like to propose to have the DAO invest 1-2eth into $RON. $RON is the native token that is used to settle transactions on the Ronin EVM Blockchain. As we are starting to see more and more games migrate to Ronin the price of $RON has begun to climb again. We would be speculating on future increased demand for the token as these games grow and other new games are added to the network. Along with this speculation we can also Delegate our $RON to earn yield on it thru Validator rewards (Roughly a 15% APR at current).

If approved the Operating Council will work on creating a Ronin Multisig Wallet to hold and stake our assets.

Off-Chain Vote

Do not invest any Eth
0.16 SD0.1%
Invest 1 Eth
0.16 SD0.1%
Invest 2 Eth
182.69 SD99.8%
Quorum:183%
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Timeline

Nov 28, 2023Proposal created
Nov 28, 2023Proposal vote started
Dec 03, 2023Proposal vote ended
Oct 11, 2024Proposal updated