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Digital Reserve CurrencyDigital Reserve Currencyby0x2dbC5e8f6a2eAADd01c044CBA36764d6536866b50x2dbC…66b5

Resume s1 Vault deposits and rebalance

Voting ended over 4 years agoSucceeded

Proposal: • resume s1 Vault deposits • change s1 Vault portfolio allocation to BTC 40%, ETH 40%, and PAXG (20%)*

*Reasoning: ETH is becoming a true, productive SoV with the upcoming ETH2.0 transition. Also, ETH has substantial liquidity on Uniswap V2.

The proposal comes in the wake of further research regarding the classification of crypto investment vehicles. The DRC Foundation is confident now that both Vaults s1 and s2 will not qualify as an investment vehicle and thus are safe for DRC community members to continue to use, and the DRC Foundation to continue to promote.

Off-Chain Vote

Yes - Reopen and rebalance s1
131.21M 100%
No - Do not reopen s1
0 0%
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Timeline

Aug 05, 2021Proposal created
Aug 05, 2021Proposal vote started
Aug 10, 2021Proposal vote ended
Oct 26, 2023Proposal updated