The DAO has expanded, and the primary ticket for membership (Squiggles) has increased in value to a level that is cost-prohibitive for many, if not most, people. The scholarship program helps but it isn’t enough to meet the inflow of demand that we’re seeing.
As a result, we propose an additional tier of membership for holders of at least 1,000 SQUIG tokens.
As a result, we need a mechanism with which potential members can acquire SQUIG tokens. DEX liquidity isn’t an option at the moment, which makes it challenging for those who may want to acquire tokens to join as members. Other DAOs utilize an OTC channel in Discord in conjunction with maintaining a basic OTC order book. We should implement a similar framework for SquiggleDAO.
A second tier of membership will improve accessibility of the DAO and help meet the growing demand. The OTC book is one of the channels that non-members will be able to utilize to become members. It also provides a channel for existing holders to sell their SQUIG if desired.
A vote For SDIP
The DAO enables membership to holders of 1000 SQUIG or more. This reflected across our entire community.
We will launch a discord-based OTC Desk. A person will be nominated to support
A vote Against SDIP