0x86327d4d…cdebsent to0x56fd5d50…e277·#15,945,296·view on Etherscan
# Official Sweep #5 (Targeted Mid Range Sweep)
## Summary
Sweep 1 each of the following projects. Floor price in parenthesis.
(1.00) RENGA
(.87) Goblintown
(.69) BEANZ
(.50) Sappy Seals
(.48) Psychedelics Anonymous Genesis
(.44) God Hates NFTees
(.43) Lazy Lions
(.43) rektguy
(.32) GENUINE UNDEAD
(.31) Vee Friends Series 2
(.30) alien frens
Total: 5.77 ETH
## Methodology
We have seen that the lower floor price NFTs in the Vault have generally been won with much higher Dust/ETH bids than the high floor price Vault NFTs.
Until we get further into the rotational buying power of the project, the high floor price NFTs in the Vault can only be competed for by a small number of people. The lower floor price vault items are driving more competition and more dust burned to win versus the cost to sweep those NFTs into the Vault.
Right now the team completed some updates which will improve Sweepers mechanics, allow buy it now Sweepers when there is no bid. They are also working on driving more traffic to the project. This will all help fill up the treasury at better pace.
In the meantime, we need to keep the project going, and keep the vault full. I propose spending 5.77 ETH from the Treasury on some lower to mid range floor price NFTs to stock up, with a couple higher priced ones for those whales out there. I purposefully did not include anything in the low floor price range (.050 - .015) like we have seen before, as ROI for flipping those gets cut into too much between bids, settle fee, and OS fees for those that look to flip them.
## Conclusion
I think these mid range items are the best option right now. The the best "bang for the buck" to spend some treasury money, keep the vault full, provide decent ROI for those wanting to flip them, and ultimately burn as much Dust as possible. I know gas can be rough lately, but I hope you can find a lower gas time and vote. Full disclosure: I do not own any NFTs from the projects I propose sweeping, so do not stand to benefit.