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Memo 0xcdba5f03…167328 on Ethereum

This exact proposal has been made before. I will veto again for the same reason. Reason from last time: "While the more equitable distribution of funds and the attempt at a good faith retention of a % of funds to the dao make this the least bad proposal of its kind thusfar the fact that it still results in people effectively arbing the DAO means that I can't support it. Moreover, based again on the criteria laid out in the founding documents of the dao, I will veto it as the arb nature strikes me as a "threat to the treasury". I would likely support a proposal that offered a rage quit like mechanism if it resulted in people forfeiting their tokens AND not getting more ETH out than they put in. " I stand by this. If a proposal was made that burns tokens during ragequit and results in a more equitable distribution of funds I would not count it as something worth vetoing by the dao's charter. I've started some work on this myself but given that it requires a bit of smart contract work can't commit to a timeline.