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The Stonk SocietyThe Stonk Societyby0xAB031dD0A55058794DCa22b01941eF9A299176c10xAB03…76c1

Reinvestment of 1st cycle profits

Voting ended almost 4 years agoSucceeded

Proposal for reinvesting 1st cycle profits vs paying profits to holders

This proposal and vote is to determine whether the profits from our first investment cycle should be reinvested or paid out to holders.

Some things to note:

  • We have an extra period of time in between cycles this month so we can align them with the start of the month. The next cycle will start March 1 so we have time to discuss what the reinvestment will be. This proposal is separate from future decisions regarding the allocation of funds to certain strategies and is simply meant to determine if we should pay out profits to holders or keep them in the treasury.
  • If we vote to keep the profit and add it to the treasury, there will be another vote near the end of the next cycle so the community can decide what they would like to do with the profits at that time.

Choices:

A) Let's keep 100% of the profits in the treasury B) Let's pay out the profits from the cycle to each Stonk holder which should be apx. 1.05 FTM per Stonk.

Voting will be live for 48 hours.

Off-Chain Vote

Keep profits in treasury
539 63%
Pay profits to holders
317 37%
Download mobile app to vote

Timeline

Feb 20, 2022Proposal created
Feb 20, 2022Proposal vote started
Feb 22, 2022Proposal vote ended
Oct 26, 2023Proposal updated