Trismby
dgen.eth
Expansion Phunks - Moving of treasure / potential eth dispersal
To move our world forward here in terms of releasing value > eth we hold (and not just giving most people still active a tiny amount of eth/holding), I have a plan.
I've made a temperature check vote so we can get a fair vote for 7 days....but then we have another in 2 weeks to actually action before new year. This snapshot vote records address and no. Xphunks held. The tool says 'Trism', but this is balance of xphunks held. After another vote in 2 weeks we'll have one final one in 3 months for people who didn't vote to make a choice to claim their eth OR trism - I will exclude people who were in the first vote who chose Trism or ETH.
Now, you can either go with the plan for Trism, or request your share of eth, which for most people is minimal as its only 0.00073 ETH per Xphunk (7.3eth/10,000). I would distribute manually via base either as $'s or ETH) or I have a 'do nothing' category too - but I hope no-one uses that.
Id hope most people vote for Trism, I honestly believe this is more likely to generate value longer term > eth held and give trading options
Background: I control ETH ERC20 token 'Trism' token contract/website/Socials/snaphsot (so contract owner), and over years have bought 45% of tokens (I started with an airdrop of 2.5% but personally paid to buy back another 42.5%). Trism is an ERC20 token project on ETH with CMC listing and some **bridges in place to multiple ecosystems (SOL, BSC, POLY) ** unused bridges, but quite easy to activate again. It's been dormant a while (once peaked at $1.5m), and I want move it forward and bring value to expansion phunks treasury by making it a way of people collectively benefitting from agreed investments. As a vehicle, I think it's worth more and could be traded than $100k valuation - which is effectively what the DAO would be buying in at
The TLDR is that I propose moving the 7.3eth (~$26k) into trism project and in return for this injection via personal held tokens, allocate 250,000 Trism (25%) of all tokens to holders of Expansion Phunks who opt in pro-rata. Effectively 25 Trism tokens per XPHUNK initially. The alternative will be 0.00073 ETH per Xphunk
IMPORTANT: Now, it's a little bit more complex than that as we have ALOT of inactive users - so I'm proposing AFTER 1 month voting, any unclaimed trism/eth is held with Trism for a further 3 months. Anyone who comes in that window can still either claim Trism OR Eth. After 3 months, Trism retains the ETH, but any unclaimed Trism are airdropped to holders who already claimed trism - this means potentially 400% more tokens than you originally were allocated. Note: I too have an xpunkx allocation.
Trism as a project actually **also **owns 95,000 (9.5%) tokens itself as well - now I plan on these staying there for ad-hoc needs.
So... A vote for Trism is 25 Trim/NFT + your share of any remaining for 250k after 3 months. A vote for ETH is 0.00073 ETH per Xphunk and goodbye A vote for nothing is you feel neither option is worth doing
Additionally, the expansion phunks contract would be moved to the Trism project wallet in terms of ownership. The Trism project wallet would go in a new multi-sig (ideally not burned). I think I can convince Franklin and AJT to continue multisig, but also add others so Trism becomes more 'reactive' to options. We can discuss in discord. Also though I am a diamond hander, people may be uncomfortable with me holding my remaining 20%, I hope not - but I have plans to potentially sell down off market to other interested investors. I have a 100 NFT collection pretty much ready to go and would be gifting trism to holders of this NFT. In short, I want to be incentivised to grow value of trism, but am aware 20% is alot, so I would look to reduce off market.
Off-Chain Vote
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- Author
dgen.eth
- IPFS#bafkreic
- Voting Systemsingle-choice
- Start DateNov 29, 2024
- End DateDec 06, 2024
- Total Votes Cast634 Trism
- Total Voters5
Timeline
- Nov 29, 2024Proposal created
- Nov 29, 2024Proposal vote started
- Dec 06, 2024Proposal vote ended
- Dec 10, 2024Proposal updated