FuelEV- Rollback of SNS Sale

The FuelEV team spoke to and sought Dfinity’s advice on how to go about the FuelEV SNS rollback

The main takeaway from that conversation is, there are no inbuilt mechanisms in the SNS to roll back a successful sale. Dfinity at this point also do not plan to build or add additional features to enable this in the SNS

The entire process is complicated by the imposition of ICP withdrawal limits from the treasury

The FuelEV team has devised a possible mechanism to roll back the sale via a SNS controlled canister

The FuelEV team intends to submit a motion proposal to share the details of the mechanism and get DAO votes on the direction to move.

With that decision taken via DAO voting, the team will execute proposed plan.