DAO Voting
There is a universal DAO for every ERC-721 on Ethereum now with ERC721ex. Allowing you and others to vote on different mechanisms that impact the ERC721ex coin.
Last updated
There is a universal DAO for every ERC-721 on Ethereum now with ERC721ex. Allowing you and others to vote on different mechanisms that impact the ERC721ex coin.
Last updated
The voting feature is activated when the bonding curve reaches ~65%. This enables any token holder who owns at least 1% of the total supply to create proposals for the following actions:
Pool Split
Early Uniswap Trading
Disable/ Enable Claim NFTs
Disable/ Enable Burn NFTs
Pool Split:
This proposal aims to decrease the total number of tokens by reducing the existing supply that is on Uniswap, while keeping the same ETH in the pool. This effectively increases the price per token without changing the total liquidity in the Uniswap pool. The goal of this action is to improve token liquidity by changing the token supply in the pool while keeping the same amount of ETH in the pool.
Uniswap Trading:
This proposal determines whether the token should be listed on Uniswap before the bonding curve reaches 100%. Listing on Uniswap allows token holders to trade in a more open and accessible market.
Disable/Enable Claim NFTs:
This proposal aims to disable the functionality that allows NFTs within the collection to be used for claiming tokens. If approved, NFT holders will no longer have the ability to claim tokens using their NFTs. Token holders can reverse this decision in the future by submitting a new proposal to disable this current proposal. This approach ensures flexibility for governance while temporarily halting the claim mechanism.
Disable/ Enable Burn NFTs:
This proposal aims to disable the functionality that allows NFTs within the collection to be burned in exchange for additional tokens. If approved, users will no longer be able to burn NFTs to acquire tokens. Token holders can reverse this decision by submitting a new proposal to disable this current proposal. This ensures flexibility for governance while temporarily suspending the burn-to-earn mechanism.
