[TEMP CHECK] Treasury Management - Swap B-80BAL-20wETH to GHO
title: [TEMP CHECK] Treasury Management - Swap B-80BAL-20wETH to GHO author: @TokenLogic created: 2023-09-17
Summary
This publication proposes swapping B-80BAL-20wETH for 420,000 GHO.
Motivation
The Aave DAO is completed the purchase of 443,674 units of AURA from Olympus DAO with 420,159.28 units of DAI. This publication proposes replenishing the DAO's stable coin holdings by swapping B-80BAL-20wETH for 420,000 GHO. The net affect of the two proposals is to convert B-80BAL-20wETH to AURA.
Details on the DAI for AURA swap can be found here.
Specification
This proposal will deploy use a version of the Aave Swap Contract and perform the following:
- Transfer B-80BAL-20wETH from Treasury to Aave Swap Contract
- Swap B-80BAL-20wETH to GHO
- Transfer GHO to the Ethereum Treasury
Disclaimer
TokenLogic receives no payment from Aave DAO or any external source for the creation of this proposal. TokenLogic is a delegate within the Aave ecosystem. TokenLogic seeks to become an Aave DAO Service Provider.
Copyright
Copyright and related rights waived via CC0.
Off-Chain Vote
YAE
265.92K AAVE52.5%
NAY
806.57 AAVE0.2%
ABSTAIN
239.76K AAVE47.3%
Quorum:158%
Timeline
Sep 17, 2023Proposal created
Sep 18, 2023Proposal vote started
Sep 21, 2023Proposal vote ended
Dec 23, 2025Proposal updated