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Wolf Works DAOWolf Works DAOby0x7D9D50683bdF55186a1D26F0a81eC90d4c39D29a0x7D9D…D29a

Allocation for all DAO income streams

Voting ended over 3 years agoFailed

On this vote, I would like to make the following proposal to the DAO.

All income, no matter how much, should be divided according to a set distribution key into the categories:

  1. dividends to holders 2. treasury of DAO for future investment and development 3. buy back and hold tokens (whether we burn this we can decide separately).

From my point of view, a fixed distribution key has the purpose that every investor (whether old or new) can understand the WolfworksDAO system better and can calculate better. It also saves us as DAO a lot of discussions and disagreements.

Now my suggestion would be this:

The DAO establishes the following distribution formula for all future DAO income (including the current legal case) as follows:

  1. 1/3 goes to the WLD holders as dividends.

  2. 1/3 goes to the treasury of the DAO to have liquidity for projects, investment and development

  3. 1/3 will be used to buy the WLD token from the open market (whether we then hold or burn it we decide separately as DAO)

Off-Chain Vote

For
1.18M WLD8.5%
Against
12.68M WLD91.5%
Abstain
0 WLD0%
Quorum:2%
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Timeline

Nov 03, 2022Proposal created
Nov 03, 2022Proposal vote started
Nov 10, 2022Proposal vote ended
Oct 26, 2023Proposal updated