SUDO Governance Proposes Ragequit Contract Funded by Protocol Fees
SUDO Governance Proposes Ragequit Contract Funded by Protocol Fees
🚪 SUDO Exit Strategy
A governance proposal is live on Tally for sudoswap to establish a ragequit mechanism for SUDO token holders.
Key Details:
- The proposal would fund a smart contract using 400 ETH accumulated from protocol fees
- SUDO holders could exchange their tokens at a fixed rate of 0.0000156 ETH per SUDO
- This provides an exit option for token holders who wish to leave the protocol
The ragequit contract would allow participants to redeem their governance tokens for a proportional share of the treasury. Vote and review full details on Tally.
PSA: A governance proposal has been submitted to fund a ragequit smart contract for SUDO with the ≈400 ETH accumulated from protocol fees. This would let SUDO holders exchange tokens at a fixed rate of ≈0.0000156ETH per SUDO. More details on Tally: tally.xyz/gov/sudoswap
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