Evaluating Alternatives - Commissions accrued to VirtueDAO treasury

Further to the proposal passed in July this year (https://snapshot.org/#/theidols.eth/proposal/0x33008efa7c05ade6a5e3afd7ecf0ab5db8b8c2ae7c782314a9437dbe96fb47a0), in which a percentage of secondary sales commissions were directed towards primary bonding in order to increase the amount in the treasury. As the VirtueDAO continue to accrue these commissions, there has been discussions around optimising these commissions to maximise impact for the DAO and project.

The options under consideration include:

1. Keeping bonding to the treasury: This option involves keeping the commissions in the treasury and using them to bond and increase ETH in treasury, which may increase the value of the IDOLs over time. So far over the past months, there has been a limited impact of growing treasury (less than 3 ETH bonded)

2. Buying back virtue from the curve pool: This option involves using the commissions to buyback virtue from the curve pool, which may increase the value of virtue over time and encourage primary virtue bonding if price of virtue reverts back closer to bonding price. However, this may provide exit liquidity to those who wish to exit or have obtained virtue for free during the mint. For reference, primary bonding virtue price is at 1 ETH - 228 Virtue while price in curve pool is ~1 ETH - 2,150 Virtue (as of 2 Jan, 2023)

3. Buying back goldlist NFTs: This option involves using the commissions to buy back goldlist NFTs that have previously been issued, which will become tradable in a few months. Goldlist NFTs can be bought back from holders who have received them earlier on and distributed to true supporters of the project. This will serve as a proof of membership into VirtueDAO for the virtuous / true backers and come with other benefits as project progresses (alpha groups, merchandise discounts, airdrops, exclusive events etc.)

4. Buying floor idols and then auctioning them for Virtue: This option involves using the commissions to buy floor idols and then auctioning them for Virtue. This would reduce the supply of Idols NFT will driving demand for virtue token. VirtueDAO will also enjoy stETH while holding on to these idols as they are being auctioned off at the right price.

5. Holding the ETH in the community wallet for use at a later date: This option involves holding the ETH in the community wallet and using it at a later date when it may be more valuable. This makes sense as ETH will likely increase first when markets turns bullish. The ETH can be used for a variety of options, including buying back idols, goldlist NFTs, hire full-timers, run giveaways to exisitng and new idol users, etc. Holding funds in ETH is also defensive as ETH is considered to be one of the top two assets in the space with limited downside in the long term

6. Taking a 2x leverage ETH long position on DYDX: This option involves using the commissions to take a 2x leverage ETH long position on DYDX, which is a decentralized exchange for trading cryptocurrency derivatives. This is a high-risk, high-reward option that could potentially result in significant profits or losses...

We invite the community to carefully consider the potential risks and rewards of each option and provide feedback before a final decision is made.