SDIP-1 Allocate SQUIG for Excess Squiggle Contributions
Allocate and distribute 224,800 SQUIG to Round 2 excess Squiggle Contributors who are not included in the 632,600 SQUIG which were allocated for that round.
224,800 SQUIG requested
Squiggle Contribution Round 2 was intended to enable anyone with interest in SquiggleDAO to participate. The round was anticipated to last up to 1 week and 632,600 SQUIG (5% plus leftovers from Round 1) were allocated. However contributions occurred much faster than anticipated and within 24 hours, the round was closed. Upon close, 857,400 SQUIG had been allocated to donations, an excess of 224,800 SQUIG.
A vote For SDIP-1
Allocate and distribute an additional 224,800 SQUIG to cover all Squiggle contributed.
A vote Against SDIP-1
Return contributed Squiggles in excess of the original 632,600 SQUIG allocation. Gas fees will be covered by SquiggleDAO.
Current Treasury Status including all Squiggles received in Round 2
231 Squiggles have been contributed to the DAO
Estimated Treasury value of 325 ETH (excluding SQUIG)
Additional statistics about Round 2 can be found in the medium article here.
@Jonas - SquiggleDAO Genesis Team Member
No invoice is being submitted for this proposal