CRAB VOTE: What Percentage of $SHELL Should be Unlocked at TGE?

This is a Ranked Choice Vote to determine the percentage of $SHELL tokens to be unlocked at the Token Generation Event (TGE). For this vote, participants must select all available options, ranking them from their most preferred to least preferred percentage. The range available is from 0% to 20%, in increments of 5%. The winning percentage will be determined through the Ranked Choice Elimination process. Please note, votes are weighted at one vote per crab.

Whatever result is chosen by the community, this percentage of each $CRAB-holder's $CRAB will be immediately able to convert from Crab Tokens to freely tradable and stakable $SHELL upon TGE. The rest of the user's $CRAB will be converted into a 2 year, linear vesting stream of $SHELL tokens.

Note: Your participation in this vote is pivotal for this upcoming phase of Shell Protocol's journey post TGE. Ensure your voice is heard by casting your vote with care.

start

October 31, 2023

12:42 PM

end

November 3, 2023

12:30 PM

Voting

off-chain

Voting type

ranked-choice

Voters

3,163

Votes

8,786,913

Final Votes

closed

4.8M CRAB

54.58%

21.8K CRAB

0.25%

10%

129.4K CRAB

1.47%

15%

17.5K CRAB

0.2%

20%

3.8M CRAB

43.5%

item label

Placeholder title of a dao proposal

DAO name

0x000000000000

Mon 00, 2024 00:00

About Voters Analytics

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Voting

100,000

Voting type

100,000

Starts in

100,000

Voters

1,000,000

Votes

1,000,000

Votes

Choice label

TICKER

100%

Choice label

TICKER

100%

Choice label

TICKER

100%