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This proposal establishes a one-time, opt-in pro-rata treasury redemption, developed jointly with the Gnosis founding team. Any GNO holder may exchange their tokens for their pro-rata share of the DAO's liquid treasury at NAV, together with a discounted share of the capital called to date by GnosisVC. Participation is voluntary. Liquid assets are distributed in kind, redeemed GNO is returned to GnosisDAO and removed from circulation, and holders who do not participate keep their GNO and a larger pro-rata claim on what remains.
The design is deliberately simple. There is no synthetic claim token and no attempt to value or distribute Gnosis Ltd's operating business, which keeps implementation straightforward and avoids any dispute over the valuation of illiquid or strategic
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ID: proposal:gnosis:0x657fbf8892200d24e887c68245cee73b59c466394192be1c10673b39814c74c4
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