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XMAQUINA is initiating a TGE-related vote, aiming to hold a community sale to sell up to a maximum of 1.1 billion DEUS tokens.
BlockBeats News, December 4, Web3 robotics company XMAQUINA released a governance proposal prepared for the DEUS TGE token, which seeks DAO approval to allocate the remaining Genesis Auction supply: 128,067,280 DEUS (approximately 12.8% of total supply) and $150,000 USDC from the DAO treasury for key initiatives preparing for the DEUS token generation event, including:
Conducting a final community sale before TGE, using up to 110 million DEUS (11% of total supply) for the sale, with the sale date and details to be formally announced in the next 10 days in collaboration with strategic partners;
Using approximately 1.8% of the total supply for liquidity provision and CEX listing matters.
The proposal states that the primary goal of this sale is to inject more funds into the DAO to continue acquiring equity in humanoid robotics companies. Additionally, the proposal, once approved, will enforce the activation of DEUS token transferability by the Engine within a specified timeframe. The proposal's voting will conclude on December 6 with the current approval rate at 95.39%.
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