Hey everyone. A few quick updates:. The DAO vote closes today on Snapshot at 10PM UTC.
26 Oct 2022, 15:17
Hey everyone! A few quick updates:
1. The DAO vote closes today on Snapshot at 10PM UTC. If you haven't placed your vote yet and you want to participate, head over to https://snapshot.org/#/lnrdao.eth, read through the proposal carefully, connect your LNR wallet, and vote.
2. Because of the timing of when the DAO vote closes, we're cancelling today's AMA. If the vote passes in favor, the Foundation Directors will have an update for the community on when the next AMA is scheduled.
3. The participation rate in the first proposal is ASTOUNDING. Almost 20% of the total token supply has voted thus far. This participation rate blows other successful DAOs out of the water, and is a testament to just how strong the Lunar community is.
For comparison, AAVE's typical participation rate is around 2%. The Lunar community has already nearly 10X'd that participation rate, and Mr.Moonshot and I still have yet to place our votes.
Community participation is one of the most important factors in a DAO's success, and we are already seeing an incredible amount of it from the start. This community is one of the best in crypto, and this vote has re-affirmed that once again.
That's it for now folks! We'll have more updates for you all today after the vote has concluded.