Gnosis DAO redemption proposal faces intense voting battle, whale votes reverse co-founder's stance
ChainCatcher reports that Gnosis DAO is conducting a Snapshot vote proposing to allow GNO holders to proportionally redeem their share of the DAO treasury through a voluntary redemption mechanism. According to analyst Ignas's data, the treasury holds approximately $223 million in assets (including ETH, stablecoins, and ecosystem tokens), around 1.3 million GNO are eligible for redemption, with each corresponding to about $170 in treasury value, while GNO is currently trading at around $132, representing a discount of approximately 27%.
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