Swap $VAL to $MTC for Main Pass Distribution

Voting ended 12 months agoSucceeded

Similar to the recent proposal passed for swapping $BLOCK into $MTC for Main Pass distribution, this proposal is to swap all $VAL into $MTC for monthly Main Pass distribution.

This proposal is to replace $VAL distribution with $MTC. The DAO would be swapping $VAL generated from Lands to $MTC on a regular basis.

$VAL has seen significant decrease in price since TGE, and this’ll benefit all those that hold $MTC especially $MTC LP supporters.

Off-Chain Vote

For1.53K MTD79.9%

Against221 MTD11.5%

Abstain164 MTD8.6%

Quorum: 116%

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Author0xaD75…87C8
IPFS#bafkreig
Voting Systembasic
Start DateMay 28, 2024
End DateMay 30, 2024
Total Votes Cast1.91K MTD
Total Voters26

Timeline

May 28, 2024Proposal created
May 28, 2024Proposal vote started
May 30, 2024Proposal vote quorum reached
May 30, 2024Proposal vote ended