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MergeDaoMergeDaoby0xE9572718a87A434B4F556Bf9BE2cf740d29A8B4b0xE957…8B4b

Proposal #5

Voting ended about 4 years agoDefeated

Several of the largest merge token holders would like to list the DAOs merge (m3214). They feel that considering the current condition of the bear market and the lack of forward momentum in the Merge “game," it’s time to move towards an exit.

The promised ‘burn for ash’ mechanism seems to be in the future, which creates a level of risk that some may be undesirable to some. It also appears that there will be a component of growth to the burn ratio, which we don't understand or have a plan.

By listing we may be exiting early, but members can redeem their merge tokens for ETH and make purchases of their own merge tokens of a mass of their choosing and play the game as individuals.

List our Merge(m3214) for sale on OpenSea for 300 ETH and achieve a small profit, in terms of ETH.

Off-Chain Vote

For
41.62M 45.2%
Against
50.38M 54.8%
Abstain
0 0%
Download mobile app to vote

Timeline

Jan 24, 2022Proposal created
Jan 24, 2022Proposal vote started
Jan 26, 2022Proposal vote ended
Oct 26, 2023Proposal updated