+ `# C4IP-6: Transfer ARENA tokens for token sale\nThis proposal takes action on the token sale approved by [C4IP-1](<https://www.withtally.com/governance/eip155:137:0xc6eaDcC36aFcf1C430962506ad79145aD5140E58/proposal/61969381053746686972699442694032986733206504062025717191093241526145462208038>) and the hiring of Code4 Corporation approved by [C4IP-3](<https://www.withtally.com/governance/eip155:137:0xc6eaDcC36aFcf1C430962506ad79145aD5140E58/proposal/46190911081008287731655546929165163023822387405966829437304548060152876868278>) both of which are discussed in detail in [this forum post](<https://forum.code4rena.com/t/c4ip-1-constitution-dao-bootstrapping-reimbursements-token-sale/93>)<br>\n\n- 100,000,000 $ARENA tokens transferred to the [token sale contract](<https://polygonscan.com/address/0xD0e7d5a2220e32914540D97A6D0548658050180b>)\n\n- Tokens are sold at price of 1 ARENA = .03 USDC\n\n- Token sale details to be administered by Code4 Corporation\n\n- $1.75M of the initial sale will immediately be used to fund Code4 Corporation operations\n\n- Remaining $1.25M proceeds will be transferred to the Code4rena treasury\n\n\n<!-- -->\n\n`
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