This is getting popular in the rollup Snapshot poll of options, and I personally am favoring this proposal. I don’t fancy gitcoin continuing to deal with this controversy over the next two years and I think it’s important for us to set a better precedent than taking speculative positions on any tokens that happen to be sent to the multisig. It seems like people who are voting for this are favoring the option to dispose of 100% of the tokens while capturing some of the value, in the shortest possible time
However, if what Scott said in the other thread is true, it sounds like “dispose of 100% while capturing some value” would require us to still integrate some of the other proposal options. Correct me if I’m wrong here.
Scott says:
there doesn’t appear to be an efficient way to sell more than 10% even using a variety of methods due to liquidity constraints. So in some sense if you believe the community should vote to sell, for short term purposes (say in the next 3-6 months) a proposal to sell 10% is equivalent to a proposal to sell 100% just without removing the potential for future disposition.
As discussed in that other thread it would be beneficial if we could talk through exactly how this liquidation happens.
If it’s only possible to liquidate 10% immediately, then what about using Simona’s proposal to put the rest in a 5/95 pool and simply leave it? I’m looking for more specificity on how we accomplish this to give this proposal more credibility.