The TORN token was proposed by the Tornado cash team back in December. The token was airdropped to the Tornado cash users. However, beside claiming and voting, the token can’t be transferred to an arbitrary address. Starting from the 1st of February 3am UTC (Timestamp: 1612148437 to be accurate) it will be possible to activate token transfers with a governance proposal.
Find the token on Etherscan here.
This is an obviously very simple proposal. I will deploy a contract that simply calls the
changeTransferability function on the TORN contract.
I have setup a repo with the proposal contract and some tests here:
Before starting the proposal, we need 2 things:
- A TORN whale with more than 1000 tokens on a single address (Update: I found one)
- 25k voting intentions in favor of the proposal. To signal your intention to vote, lock your token in governance now.
The voting period will last for 3 days from the submission time. If the vote is successful, we will have to wait 2 more days before the proposal can be executed.
At the time of writing, we are almost less than 5 days away from the unlock being possible. So the proposal could be submitted very soon.
I invite every TORN holder to already lock your tokens in governance to signal your voting intention. Let’s do it!
You can read the first part of this guide to learn how to lock your tokens in governance: Governance Guide — How to delegate
When will someone submit the proposal ?
I intend to submit the proposal once we reach around 25k tokens deposited in the governance contract. Track the progress here. Note that someone else might do it earlier.
How long will my tokens be locked if I deposit into governance ?
There is no locking upon depositing your token into governance. However, you will be locked upon voting during 8.25 days from the date the proposal your are voting on started. Every voter on a given proposal abide to the same locking schedule.
How long after the vote will transfers be enabled ?
If the proposal succeed, 2 days.
Can I delegate my vote to someone for this vote ?
You can delegate it to me if you wish, check this message.
Update, the proposal is live, GO VOTE NOW!
See proposal contract on Etherscan.