Gnosis DAO faces a $170 per token redemption vote amid activist push to unlock $220M treasury.

Activist investors have proposed GIP-150, allowing Gnosis DAO (GNO) holders to redeem about $170 per token from the DAO's $220 million treasury. The proposal aims to address the token's deep discount to treasury value, but currently 65% of votes oppose it. The debate highlights tensions between immediate payouts and funding long-term projects. Voting ends May 12, with the outcome potentially influencing how DAOs manage large treasuries and activist pressures going forward.