XMAQUINA initiates TGE-related voting, proposing a community sale of up to 110 million DEUS tokens

ChainCatcher reports, Web3 robotics company XMAQUINA has released a governance proposal in preparation for the DEUS token TGE. The proposal seeks DAO approval to allocate the remaining genesis auction supply: 128,067,280 DEUS (approximately 12.8% of the total supply) and $150,000 USDC from the DAO treasury to key initiatives preparing for the DEUS token generation event. These include a final community sale before the TGE, with up to 110 million DEUS (11% of the total supply) available for sale. The sale date and details will be officially announced within the next 10 days in collaboration with strategic launch partners; approximately 1.8% of the total supply will be used for liquidity and exchange listings.

The proposal states that the main goal of this sale is to inject more funds into the DAO to continue acquiring equity in humanoid robotics companies. In addition, if approved, the proposal will mandate the activation of DEUS token transferability within a specified timeframe. Voting on the proposal will end on December 6, with the current approval rate at 95.39%.