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Bankless DAOBankless DAOby0xffD1f7a0E01c947bA1006f162AC9C16b1745115A0xffD1…115A

Swap FEI into USDC

Voting ended about 2 years agoSucceeded

Squad: Treasury Department

Summary:

BanklessDAO treasury has 1,935 FEI, we need to swap out of this stable into USDC to reduce risk BACKGROUND BanklessDAO treasury received some FEI as part of a research grant. In order to reduce the risk on the DAO treasury, we suggest getting out of this position.

SPECIFICATION

  • The treasury dept has approved this swap

  • If approved via snapshot, the follow transaction will be initiated

  • BDAO multisig would submit a swap transaction to swap 1935 FEI into USDC

Off-Chain Vote

Approve
16.31M BANK99.5%
Abstain
80.24K BANK0.5%
Reject
3.57K BANK0%
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Discussion

Bankless DAOSwap FEI into USDC

Timeline

Dec 04, 2023Proposal created
Dec 05, 2023Proposal vote started
Dec 12, 2023Proposal vote ended
Dec 12, 2023Proposal updated