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YGG League of Kingdoms YGG League of Kingdoms by0xE1C49BEca9cf0489426F53e914F1D98987866Ee1fallencorpsez.eth

Implement new YGGLOK WhitePaper

Voting ended over 3 years agoSucceeded

Background: Original YGGLOK WP was released Jan 24, 2021 when League of Kingdoms was about to have their first land sale and when YGGLOK had less than 50 active members. A Lot has changed since then, with the addition of 2 more YGGLOK alliances, over 200 active members and clear idea of how much revenue the subDAO generates. The new whitepaper can be viewed at this link: https://docs.google.com/document/d/1Vj_K8ZvycGeyqrdb-A1OiOZt4p7IepBjLUuNRS5prUI/edit?usp=sharing

Problem: Our original idea to revenue share is not feasible long term with the growth and addition of more members. There would be no reinvestment of revenue into the subDAO and thus no growth. The YGGLOK subDAO would become stagnant which benefits no one.

Solution: The revamp of WP allows YGGLOK holders to vote on how revenue will be reinvested into the subDAO intrinsically increasing the value of the subDAO token where holders can then decide to hold, stake or sell based on their personal objectives.

Off-Chain Vote

Yes
14K YGGLOK100%
No
0 YGGLOK0%
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Timeline

May 02, 2022Proposal created
May 02, 2022Proposal vote started
May 08, 2022Proposal vote ended
Oct 26, 2023Proposal updated