Capitalize the DAO with 500K USDC by purchasing FORTH at market price
The Forth DAO is currently in possession of several tokens but is deficient in USDC Ampleforth Dashboard 12. This proposal requests to capitalize the DAO with 500K USDC by purchasing FORTH at market price.
To price the FORTH we’ll take the 7-day simple moving average price from TradingView looking back from the time of this submission ($3.331 / FORTH).
This USDC can be used by the DAO for many things including DAO-owned forever liquidity.
Off-Chain Vote
For
487.91 FORTH100%
Against
0 FORTH0%
Abstain
0 FORTH0%
Timeline
Dec 01, 2023Proposal created
Dec 02, 2023Proposal vote started
Dec 05, 2023Proposal vote ended
Sep 11, 2025Proposal updated