Background
In order to solve the current liquidity crisis and bad debts, most of the WBTC and WETH held by the DAO Treasury have been used to participate in NFT auctions. In order to further solve the remaining bad debts, more funds are needed.
Purpose
This proposal aims to propose the sale of NFT assets held by the DAO Treasury to achieve the following goals:
Dealing with bad debts: By selling NFT assets, liquidity is obtained to repay bad debts.
Enriching the diversity of DAO Treasury assets: After NFT assets are sold, they can be exchanged for more stable asset classes, such as WBTC, WETH, and stablecoins to optimize the allocation of DAO Treasury assets.
Improving market confidence: The DAO Treasury actively handles bad debts, which can enhance market confidence and promote the healthy development of the protocol.
Implementation plan
Asset evaluation: According to the mainstream marketplace, the market valuation of NFTs held by the DAO Treasury is carried out to ensure that the selling price is reasonable.
Sales method: Listing orders or open bidding on mainstream NFT marketplace to ensure maximum returns.
Voting
Voting Quorum: Approximately 50.9M veBEND (10% of the total supply).
Pass Rate: Over 70% approval.
The voting will last for 3 days.
- Yes
- No
0 voters