Background
See ice.decentral.games for a background on the upcoming DG play-to-earn ecosystem and associated ICE token. At the time of writing, the DG DAO Treasury has ~$12M in assets and ~$1.9M in the "Gameplay Hot Wallet" including 225 ETH.
Proposal
Sell $250K worth of ETH from the Gameplay Hot Wallet (~65 ETH, at time of writing) into USDC, pair with $250K ICE (25M ICE), in order to instantiate the ICE-USDC pool on QuickSwap. This ~$500K in LP remains in the DAO Treasury.
Rationale
In order for the ICE Ecosystem to operate, there needs to be a liquidity pool (1) for new entrants to buy ICE to buy wearables and (2) for existing participants to cash out ICE earnings if they choose to do so. It makes more sense for the DG DAO to provide this liquidity rather than paying for it with new LP rewards, which would create another source of emission. We can revisit whether ~$500K in LP is sufficient at any time.