urban kindle
<@&1107754780744487002> Snapshot: https://snapshot.org/#/community.ilv-gov.eth/proposal/0xa8625ad97f0f4e76581f1c7101a8483a135d9d7b0736828d2928fd2f88fedd3a
<@&814435151307866142> Snapshot: https://snapshot.org/#/ilv-gov.eth/proposal/0x5aa03843e1e0c15f6c298a95c5ea3a5910afe7331eab0cf50ca41075e386d31b
Abstract:
This proposal recommends transferring the remaining ILV from the paused rewards program into the Illuvium DAO Treasury.
This will increase Treasury holdings, boost investor confidence, and provide more flexibility for capital raises.
Future rewards will come from the Treasury, ensuring a more strategic allocation of ILV while supporting long-term financial sustainability.
Simple Summary
We propose transferring the ILV remaining in the rewards pool to the Treasury. This strengthens the Treasury, allowing for greater flexibility in funding key initiatives like capital raises.
Future rewards will be financed by the Treasury, ensuring a more deliberate, strategic approach, as the Treasury is governed by the council rather than being categorised as "marketing."