Proposal to Create a flow from Airdrops into Gen Holdings.
SELL Portal. STAKE Portal. BUY Creepz Genesis.
To continue to fulfill the original vision of the Creepz DAO. We will use 1/3 of the Portal windfall to acquire more Genesis Creepz.
Action 1 - Claim all portal from Creepz staking site. Action 2 - Hold 1/3 in Gnosis wallet pending future action. Action 3 - Stake 1/3 on Portal website, this can also act as a reserve. Action 4 - Sell 1/3 in a series of transactions, to avoid sandwich attacks, for ETH. Action 5 - Use the proceeds of the sale transaction to place bids on Blur marketplace. Bids should be placed at 0.2 eth under floor.
Pros; Sell the milk, acquire more cows. Gens will generate future airdrops and this action can be repeated. A claim needs to happen anyway. This provides support for the floor on an anticipated run based on upcoming news, it will help provide liquidity near floor for those that want to exit creepz rather than seeing retracements. The DAO truly moves like a whale.
Cons: Once you sell portal, the DAO cannot sell at higher prices. Mitigated by the retention of the 2/3. Portal is not available for distribution. The value of dao holdings is however maintained.
Votes should be casted as a 'Approve' to approve or 'Disapprove' to reject this proposal. It requires a quorum of at least 5% votes and a majority support of more than 50% 'Approve' votes to pass this proposal.