Gnosis (GNO)

In theory, this could end the DAO:

You can't market dump ALL $GNO without crashing the price to zero

But you can redeem all $GNO for the Treasury assets. No slippage, no price impact.

If 90% redeem, 15M USD is left to fund the operations.

That would almost kill the project funding.

90% redeem is unlikely to happen though, unless... the team themselves decide to redeem :)

Gnosis DAO voting on one-time, pro-rata treasury redemption.

Logic:

- GNO trades at ~$106
- The treasury behind each token is worth ~$115

So GNO trades below the assets backing it.

GIP-151 lets holders:

- Redeem your GNO for your pro-rata share of the $156M treasury at NAV. Liquid assets in kind, the rest in stables

- Or keep your GNO.

That's about 7% discount.

Seriously, if you're a $GNO holder and even if you believe in Gnosis, you should redeem, and buy back more of $GNO

(although taxes would complicate the calculations).

Ideally, $GNO price catches up with the Treasury value before the vote ends.

GNO ran +61.96% after hitting the Club DCA Bot Candidates list.

These are the moves we want on radar early.

NFA. Results vary. https://t.co/sOZ7wpCql4