Author: Maxicrouton (14873) Vote Duration: 1 month Quorum Requirement: 7.2M GHST

Summary

This proposal seeks DAO approval to:

• Convert the DAO’s current AERO holdings into another treasury asset.
• Authorize the conversion of current and future reward tokens without requiring a new AGIP each time.
• Establish a separate signaling poll to determine the preferred target asset for conversion.

The goal is to improve treasury responsiveness and avoid passive exposure to volatile reward tokens that may significantly depreciate over time.

Context

The DAO treasury currently holds approximately:

232,334 AERO 290,379 QUICK (including unclaimed or additional rewards)

These assets were primarily accumulated through liquidity incentives and treasury strategies.

Currently, these reward tokens represent idle treasury exposure with no formalized management framework.

Proposal

Part 1 — Reward Token Conversion Authorization

Authorize the Director(s) and/or Treasurer to:

• Convert the current AERO treasury holdings to the prefered asset
• Convert current or future reward/incentive tokens accumulated by the DAO.

This authorization applies specifically to reward tokens and incentive emissions.

This authorization does not apply to core treasury assets such as:

GHST Stablecoins ETH BTC

Part 2 — Treasury Allocation Signaling Poll

A separate signaling poll will determine the preferred destination asset for converted rewards.

Suggested options include:

• GHST
• USDC
• ETH
• WBTC

If the DAO chooses not to sell AERO at this time, the Director(s) may instead continue compounding the position through veAERO accumulation, consistent with previous governance direction under AGIP-148.