Coinage is a community-owned crypto outlet that has endeavored to pioneer a new path forward for media in the era of Web3. Part of that mission is being good stewards of the Coinage Co-op treasury to ensure operations.
At the beginning of this year, Coinage featured research from Fundstrat's Sean Farrell (also a Coinage NFT holder) who predicted a crash could send Bitcoin to $60,000 and Ethereum to below $2,000.
Given market dynamics, and the longer-term time horizon to be considered for treasury management, Coinage seeks to poll its members on the best approach to allocate funds that previously had been rotated out of ETH and into stablecoins before the move lower.
The results of this proposal will guide the elected Coinage Board to make treasury adjustments on behalf of our membership. As of February 6, Ethereum is trading around $2,040.
Considering at least a year-long investing horizon for the treasury, how would you vote to position here?