PANews
PANews|May 08, 2026 01:03
[New GnosisDAO Proposal Suggests Allowing GNO Holders to Redeem Treasury Assets at Net Asset Value] GnosisDAO is currently voting on the GIP-150 proposal, which proposes allowing GNO holders to redeem their proportional share of DAO treasury assets at net asset value (NAV). Currently, approximately 64.8% of votes are against the proposal, and voting will conclude on May 13. According to the proposal, participants can burn GNO and proportionally receive ETH, stablecoins, BTC, and other token assets from the treasury. For approximately $25 million in illiquid off-chain investments and the potential value of Gnosis Ltd, future returns will be distributed through synthetic tokens called gLTD-CLAIM. Redeemed GNO will be permanently burned. The proposal argues that GNO has long traded at a significant discount to the treasury's net asset value, and capital deployment over the past three quarters has failed to narrow this discount. Therefore, it suggests giving holders the option to directly redeem the underlying assets.
+4
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads