# A $223 Million DAO Vote Turns Governance Into a Redemption Window

GnosisDAO approved a one-time treasury payout that lets token holders surrender governance tokens for a share of the treasury, which erases the distinction between governing the protocol and withdrawing money from it.

- Published: 2026-06-28T10:27:45.329Z
- Canonical: https://polylog.news/crypto/2026-06-28/a-223-million-dao-vote-turns-governance-into-a-redemption-wi
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/a-223m-dao-vote-could-turn-governance-into-a-cash-out-button/)

GnosisDAO, the decentralized autonomous organization (DAO) that governs the Gnosis ecosystem, passed a proposal authorizing a one-time, proportional redemption of its treasury, CryptoSlate reported. Holders of the GNO governance token can s…

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