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Aavegotchi · closed proposal

Establishing an ETH Sell Ladder

0xd281…e778·ended 2y ago·Discussion ↗
Voters
1,226
GHST voted
9.89M
≈$436.5K
Token price
$0.04

AI summary

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Voting results

Quorum
9.89M / 9.00M GHST(110%)
✓ Quorum met
Yes. Establish this sell ladder.8.54M (86.4%)
No. Don't establish it.1.34M (13.6%)
9.89M GHST · ≈$436.5K · 1226 votersblock 53830838

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Full proposal

Original markdown · Aavegotchi

Author: Dr. Wagmi (16635) Quorum Requirement: 20% (9M) Vote Duration: 14 Days

Objective: This proposal is designed to strategically manage the Aavegotchi DAO's Ethereum (ETH) holdings by establishing a structured sell ladder. The aim is to maximize returns while mitigating the impacts of market volatility and psychology.

Details of the Sell Ladder Proposal:

  1. First Tranche: Sell 300 ETH in two equal parts within 24 hours if ETH valuation exceeds $8,000 per unit.
  2. Second Tranche: Sell another 300 ETH in two equal parts within 24 hours at any ETH valuation above $10,000 per unit.
  3. Third T…

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