Convert Treasury Assets into EPOCH-LP

Building on the momentum of ITO Wave 1, Epoch Island DAO has acquired a portfolio of tokens. This proposal outlines a strategic initiative to enhance the DAO's liquidity and position it favourably for Wave 2 by leveraging the acquired tokens:

12,558 USDC 2.82268 WETH 0.735 rETH 543.64 BAL

The proposed plan involves converting these assets into WETH, followed by their allocation as single-sided liquidity in the EPOCH-LP 80/20 Balancer pool. To mitigate risks associated with value extraction and MEV, the tokens mentioned above will be sent to Moai Labs who will have the task of managing and facilitating this process.

Moai Labs will operate under the mandate to adaptively manage these assets in alignment with current market dynamics. Should these assets remain unallocated by the end of February, they will be sent back to the DAO. Moai Labs will neither retain any of the original or converted tokens nor benefit financially from their management under this proposal.

This proposal, if passed, will provide the DAO with owned liquidity that will also be earning fees from swaps.