BIP-16: BitDAO - Greater Participation in Decentralized Stable Assets

Who is involved? Continent DAO and MakerDAO Growth Core Unit.

To promote greater decentralization and stability for the BitDAO treasury, this proposal has the following main objectives:

● Decentralization of stable assets. ● Generating Revenue. ● Security. ● More use cases ($BIT).

New progressive allocation of stablecoins in BitDAO treasury:

$USDT = $73,912,371 $USDC = $137,975,009

$DAI = $100,000,000 $LUSD = $30,000,000 "POOL" = $70,000,000

Read the full proposal here: https://docs.google.com/document/d/1AVjpMrv5Zd1y8t9f-hS39ZH9Pm-8tkYA/

See our track record here: https://discourse.bitdao.io/t/archive-bitdao-greater-participation-in-decentralized-stable-assets/3114