/biz/ - Business & Finance

Read the comments by the founder in the image. Get in before the hedge funds and ether whales to secure free gains.
https://community.digix.global/#/proposals/0x295ae203328a91bd9063f4384b270461437910ccdd26ba3ded2cac2890b16ac5

The proposal is now officially made.Check it for yourself on the DigixDao website linked above.

Read the "Short Description" and then the PDF if you want more additional information.

There are around 400,000 Eth ($83million) in the DAO. There are only 2,000,000 DGD ($38million) tokens.

The purpose of the proposal:
To allow anyone the ability to exit the DAO, at a given price, at any time. with an equal fee or lesser fee than the members who left prior to them
The point of this allowal is to put the DAO back on track and correct the poor practices of voting through any and everything. to correct the nash equilibrium vote to "no" by allowing Dgd holders a direct claim to the Ether - > in turn making them much more diligent with their votes
If "X" is the amount of money that scammers, fake proposals, and colluding voters can "scam" from the DAO. The current amount of X is simply the entire 395,000 remaining Ether.
IF the burn is implemented, a safety feature is put into place. "X" the amount of money that scammers, and the like can drain from the DAO now becomes X-burned amount.
If the DAO is not working correctly, DGD holders can burn and exit, thus reducing the amount of Ether the scammers can drain.
It's a no brainer.It should pass with flying colors
DGD holders will always retain the right to exit, not the obligation to exit.
Like how the DAO is proceeding --> continue to hodl, and know that you can exit at any timeThink the DAO is moving the wrong way --> exit with a pre-specified fee and make those who remain better off by paying them the fee.

Current DGD/ETH ratio in Binance: 0.08934
DGD/ETH ratio for the DigixDAO: 0.1975

Folks this will be the most simple 2x of your life. Be sure to read the document on the official DigixDao website.

Read the comments by the founder in the image. Get in before the hedge funds and ether whales to secure free gains.
https://community.digix.global/#/proposals/0x295ae203328a91bd9063f4384b270461437910ccdd26ba3ded2cac2890b16ac5

The proposal is now officially made.Check it for yourself on the DigixDao website linked above.

Read the "Short Description" and then the PDF if you want more additional information.

There are around 400,000 Eth ($83million) in the DAO. There are only 2,000,000 DGD ($38million) tokens.

The purpose of the proposal:
To allow anyone the ability to exit the DAO, at a given price, at any time. with an equal fee or lesser fee than the members who left prior to them
The point of this allowal is to put the DAO back on track and correct the poor practices of voting through any and everything. to correct the nash equilibrium vote to "no" by allowing Dgd holders a direct claim to the Ether - > in turn making them much more diligent with their votes
If "X" is the amount of money that scammers, fake proposals, and colluding voters can "scam" from the DAO. The current amount of X is simply the entire 395,000 remaining Ether.
IF the burn is implemented, a safety feature is put into place. "X" the amount of money that scammers, and the like can drain from the DAO now becomes X-burned amount.
If the DAO is not working correctly, DGD holders can burn and exit, thus reducing the amount of Ether the scammers can drain.
It's a no brainer.It should pass with flying colors
DGD holders will always retain the right to exit, not the obligation to exit.
Like how the DAO is proceeding --> continue to hodl, and know that you can exit at any timeThink the DAO is moving the wrong way --> exit with a pre-specified fee and make those who remain better off by paying them the fee.

Current DGD/ETH ratio in Binance: 0.08934
DGD/ETH ratio for the DigixDAO: 0.1975

Folks this will be the most simple 2x of your life. Be sure to read the document on the official DigixDao website.