With the current ETH price rising we should take this opportunity to swap out the rest of the year's operational cost to secure Anata teams funding. Given their recent success and actively working on new collabs, airdrops, and other ways to create value for holders. Fungify and Insrt have already been completed and a couple others may be in the works
This will clear the way for the rest of the treasury to be utilized as resource for yield and renewed interest in the project without having to worry about overspending/over committing, while giving the team a clear layout of the resources at hand and how to utilize the our current funds.
Originally we discussed 150 eth, but that was 3000 USDT per ETH.
Math this is based on: 50,000 burn per month. 10 Months left in the year 3,950 ETH price
(50000 * 10)/3950= 126
Additionally adding 24 ETH to cover costs in case we find a marketing avenue or other operational costs, since most B2B payments are in stable coins. Those funds will still have to be approved from the DAO but it's one less hoop to jump through if an opporunity comes ahead.
full discussion can be read in discord
If YES wins the multisig will execute on the following:
Swap 150 ETH for USDT
If NO wins do nothing and we continue to exchange as needed monthly