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Crypto Zombiez DAOCrypto Zombiez DAOby0x64C05a87c8B9687a5F6b34A9159e5DF2A6A627460x64C0…2746

Should we sell or stake $LOOKS?

Voting ended about 4 years agoSucceeded

The DAO wallet has claimed 1,500 $LOOKS. At the time of writing, 1 $LOOKS is valued at $2.22. This leaves us with two options: to either stake and assume $LOOKS will remain somewhat stable, or swap our $LOOKS for ~ 1 ETH.

Pros: Staking currently has an APR of 992%, which is huge. Stakers also receive royalties from NFTs being traded on the looksrare.org platform. Swapping into ETH, however is the safer option as we transfer the value to a safer coin.

Cons: By not staking we may risk losing a potential profit that we would have received if we had staked, especially if their platform rises to become Opensea's main competitor.

Off-Chain Vote

Stake
400 84.7%
Swap to ETH
72 15.3%
Download mobile app to vote

Timeline

Jan 10, 2022Proposal created
Jan 10, 2022Proposal vote started
Jan 11, 2022Proposal vote ended
Oct 26, 2023Proposal updated