The time has come, and with the launch of NCT on Osmosis, the Regen Community may proceed with the purchase of NCT and retirement. The multi-sig offsetting team is requesting 120,000 $REGEN tokens to be sent to the multi-sig address listed in the original offset signaling proposal, which will complete the remaining 80% of the 6147-ton offset. Currently, we will need approximately 100,000 $REGEN.

• Voting YES on this proposal will transfer 80% of the signaling proposal's approved amount: 120,000 $REGEN to multisig wallet regen1su3tu4zs3e0hyxudk7swz59ne2qtzd60k7lhd0 for the execution of purchasing and retiring the NCT portion without further delay.

• Voting NO to this proposal indicates that the funds should not be transfered.

Method

120,000 $REGEN will be transferred to the specified multi-sig wallet on the Regen Network and used to purchase NCT then retired manually by the multi-sig owners.

The multi-sig wallet would be managed by:

• Danny Qwoyn (Regen Network)
• ECO Stake (Validator)
• LOA Labs (Validator)

Any $REGEN remaining due to price fluctuations below the intentional 20% buffer to mitigate any price volatility, and a potentially lower NCT cost, would be returned to the Regen Community Pool.

Discussion: https://forum.regen.network/discussion/7829-proposal-offset-regen-validator-set