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CabinCabinby0xbeC26FFa12c90217943D1b2958f60A821aE6E549hillis.eth

Treasury diversification

Voting ended over 3 years agoSucceeded

##Summary We propose that the DAO complete a treasury diversification by swapping 64,171.1 ₡ABIN with strategic partners in exchange for $2,400,000 USDC.

##Details This proposal will allow us to further diversify the treasury with stable assets that can be used to compensate community members. If the proposal passes, we will do this by swapping 64,171.1 ₡ABIN for $2,400,000 USDC. The ₡ABIN allocations will be subject to a 2-year time lock.

The participants in this treasury diversification proposal are:

Road Capital (Thomas Bailey) - $1,500,000 | 40,106.95 ₡ Multicoin Capital (Vishal Kankani) - $500,000 | 13,368.98 ₡ Awesome People Ventures (Julia Lipton) - $150,000 | 4,010.69 ₡ El Cap (Kunal Tandon) - $100,000 | 2,673.79 ₡ Eberg Capital (Andrew Ehrenberg) - $100,000 | 2,673.79 ₡ Resolute DAO (Henry Hirsh) - $50,000 | 1,336.89 ₡

Off-Chain Vote

Hell Yes
42.56K ₡ABIN95%
No
2.26K ₡ABIN5%
Download mobile app to vote

Timeline

Jul 15, 2022Proposal created
Jul 15, 2022Proposal vote started
Jul 20, 2022Proposal vote ended
Apr 29, 2025Proposal updated