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DigixGlobal proposes a full dissolution of DigixDAO’s treasury holdings

Quick Take

DigixGlobal announces that it will introduce a quarterly dissolution mechanism that is expected to go live by 1Q20
This would give DGD token holders an opportunity to vote to fully liquidate the DigixDAO’s ETH treasury in exchange for all of the existing DGD tokens
DigixGlobal also noted that they would greatly reduce the needed voting requirements in order for the dissolution proposal to pass
As a result, DGD’s discount-to-NAV has been reduced from 60% last Monday to 40%


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