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THOREUMTHOREUMby0x6A963573b9A7AaEf9CB9EEE747E1b6B2c21b05200x6A96…0520

How should we use our first $100K?

Voting ended about 4 years agoSucceeded

Thoreum phase 1 completed, within ~7 months, we have grown from zero to 55k holders with ~1.5 billions Thoreum (worth $22M USD) distributed to Thoreum holders To celebrate the successful launch of Thoreum phase 2 - a Defi 3.0 multichain venture capital, we will use $100K from Thoreum Capital massive 4+ millions treasury. We ask our community to vote for 1 of the 2 following options:

  1. Long term: Use $100K USD to buyback $50K Thoreum & add together with $50K to liquidity: the bigger the liquidity support the higher volume --> the system getting higher tax --> users get higher dividend & treasury grow bigger for more buyback & profit sharing in the future.
  2. Short term: Use $100K to distribute to holders, so that everyone have an increase in their BUSD rewards wallet, and they will decide to withdraw BUSD or compound to get more Thoreum by using their dashboard.

Vote will run in 1 week, ending 26th January, the higher voted option will be our final choice. Thank you

Off-Chain Vote

Long term - Add $100K Liquidity
329.5K 55.5%
Short term-distribute to holders
264.72K 44.5%
Download mobile app to vote

Timeline

Jan 18, 2022Proposal created
Jan 18, 2022Proposal vote started
Jan 25, 2022Proposal vote ended
Oct 26, 2023Proposal updated