FLOOR Treasury Diversification Proposal

FLOOR is not beholden to projects that do nothing for FLOOR.

Squiggles and Punks bring very little to the table and are not even active parts of the FLOOR community, let alone token holders. Commitments work both ways, otherwise it’s just an abusive relationship.

While I agree that Punks should be a major component of the treasury as they are the most stable NFT in terms of value, we are reducing our punks exposure by roughly 20%, so we still have a very sizable allocation to Punks, and still the largest holding by far in the treasury.

Squiggles I have no qualms in liquidating completely.