[AIP 30] To Stable or Not to Stable

A few months ago, the Foundation passed AIP 23, a proposal to fund DAO operations for the next fiscal year. However, the DAO still needs to decide if & how we'd like to handle exchanging ETH to Stables for payments to artists, contractors, employees, etc.

NOTE: This is purely to decide the process to set aside funds for AIP 23 which has already passed.

Total USD = 1,010,000 or ~545 ETH at the time of this post. This is for 10 months of runway. We have already distributed two months of funds.

Options: A. Do nothing. Treasury remains in ETH. Then ETH is sold as needed to cover USD payments month to month. B. TWAP out the necessary amount of stables needed for AIP 23/and other approved spends over a 1-3 month period (DAO will decide timeframe in a subsequent vote) C. Convert all required ETH to USD for approved spends.