# Liquidation Proposal for $SUPER

Superclaw's proposal "Liquidation Proposal for $SUPER" failed on 2026-03-30 by 3.61%. The approved TWAP was $0.004393 against $0.004420 rejected, with a 3% threshold. $23.87K traded across 543 trades by 23 traders.

A Superclaw governance proposal decided by a futarchy decision market, as analysed on 01Resolved. Data as of 2026-10-25 12:11 UTC.

- [Proposal page](https://www.01resolved.com/superclaw/proposals/FZNt29qdEhvnJWswpoWvvAFV5TBhnpBzUaFced3ZFx1X): charts, comparables, and every trade.
- [Superclaw summary](https://www.01resolved.com/ai/projects/superclaw.md) and [all proposals](https://www.01resolved.com/superclaw/proposals).

## Outcome

| Metric | Value |
| --- | --- |
| Status | Resolved |
| Result | Rejected |
| Start (UTC) | 2026-03-27 04:57 |
| End (UTC) | 2026-03-30 04:57 |
| TWAP window starts (UTC) | 2026-03-28 04:57 |
| Staked | 100% |
| Pass threshold | 3% |
| Failed by | 3.61% |
| Approved TWAP | $0.004393 |
| Rejected TWAP | $0.004420 |

The proposal passes when the approved (pass) TWAP beats the rejected (fail) TWAP by more than the threshold. A live proposal's standing can still change.

## Market overview

| Metric | Value |
| --- | --- |
| Pass pool TVL | $366.58 |
| Fail pool TVL | $447.61 |
| Net volume tilt (toward pass) | -1.87% |
| Net trader tilt (toward pass) | -9.67% |
| Total trades | 543 |
| Total volume | $23.87K |

## Outcome strength

| Metric | Value |
| --- | --- |
| Traders, pass-aligned | 45.16% (14) |
| Traders, fail-aligned | 54.84% (17) |
| Volume, pass-aligned | 49.06% ($11.71K) |
| Volume, fail-aligned | 50.94% ($12.15K) |
| Late conviction | Low |

Net pass-aligned volume accumulated before the TWAP window: -$22.85; during it: -$424.93.

Pass-aligned means buying pass or selling fail; fail-aligned is the reverse. Strong participation alone does not show that a decision was economically correct.

## Trade activity

| Metric | Value |
| --- | --- |
| Unique traders | 23 |
| Repeat traders (across Superclaw decision markets) | 0% |
| Largest single trade | $3K (Fail-buy) |
| Average trade value | $43.96 |

## Proposal text

As submitted by the proposer; not written or verified by 01Resolved.

#### 1. Summary

Since the ICO concluded, it has become increasingly clear that the best path forward is a full and orderly liquidation of the $SUPER treasury.

At this time:

- $SUPER is trading below NAV
- An additional month of operating spend would reduce NAV by approximately 11%
- Traction has remained limited
- Catalysts to date have not meaningfully changed market perception or business momentum

Given these circumstances, we believe the most responsible course of action is to preserve remaining value and return capital to tokenholders rather than continue funding operations with uncertain prospects.

If passed, this proposal would do the following:

- Remove all $SUPER / USDC liquidity from the Futarchy AMM
- Send all treasury USDC to a liquidation contract to be redeemed pro-rata excluding unissued and protocol owned tokens.
- Wind down the onchain treasury associated with the project
- Return any non-treasury assets, including intellectual property and related operating assets, to the appropriate original entity and/or the current contributors of Superclaw.

---

#### 2. Motivation

The motivation for this proposal is straightforward: preservation of tokenholder value.

At present, $SUPER is trading below NAV. This creates a situation where continued spending is difficult to justify, particularly when each additional month of burn materially erodes the recoverable value of the treasury. Based on current estimates, one more month of monthly spend would reduce NAV by approximately 11%.

At the same time, traction remains limited. Despite multiple attempts to create momentum through catalysts, the market response has been muted and there is little evidence so far that these efforts are translating into sustained growth, stronger fundamentals, or improved confidence from tokenholders.

This proposal is not based on allegations of misconduct, fraud, or bad faith. Rather, it reflects a practical assessment of current conditions. Where a project is trading below NAV, traction is limited, and continued spend meaningfully reduces recoverable value, liquidation should be seriously considered as the most rational path.

We believe that returning capital now is preferable to continuing operations in a way that may further impair tokenholder value.

---

#### 3. Proposed Plan

##### Part 1: Return all treasury funds to tokenholders

- No further discretionary operating spend will be made following passage of this proposal, other than costs strictly necessary to execute the wind-down and redemption process
- Remove protocol-owned liquidity upon passage of the proposal and add the USDC balance from the LP to the treasury USDC balance
- Open redemption for tokenholders
- Tokenholders will be able to redeem their tokens for the final book value presented on MetaDAO’s website
- After a defined claim period, any unclaimed USDC may be handled at the discretion of the MetaDAO team or future governance process

##### Book value calculation method

The final redemption value per token will be determined by:

- The total USDC held in treasury
- The USDC recovered from protocol-owned liquidity after LP removal
- The total number of eligible $SUPER tokens in circulation excluding protocol owned tokens

Final redemption value will depend on actual treasury balances, LP unwind outcomes, and the final eligible token count at the time of calculation.

---

##### Part 2: Treatment of non-treasury assets

Upon passage of this proposal, all non-treasury assets — including but not limited to intellectual property, trademarks, domain names, source code, infrastructure, and other operating assets — will return to the appropriate original entity and/or the current contributors of Superclaw. 

The intent of this section is to ensure that treasury capital is returned to tokenholders while non-cash operating assets are handled in an orderly and legally coherent manner.

---

#### 4. Conclusion

This proposal is based on capital preservation.

$SUPER is currently trading below NAV, traction remains limited, and additional monthly spend would materially reduce the value that could otherwise be returned to tokenholders. Under these conditions, we believe an orderly liquidation is the most responsible course of action.

Rather than continue deploying treasury capital in hopes that future catalysts may reverse current trends, this proposal seeks to maximize recoverable value today and return it fairly to tokenholders.

## Citing this data

Source: 01Resolved, "Liquidation Proposal for $SUPER" (Superclaw decision market), data as of 2026-10-25 12:11 UTC. https://www.01resolved.com/superclaw/proposals/FZNt29qdEhvnJWswpoWvvAFV5TBhnpBzUaFced3ZFx1X.
