by
verbinnen.eth
HIP-29: Proposal to Sell $500k Worth of ETH to Weather Market Volatility
Voting ended 5 months agoSucceeded
Summary This proposal recommends selling $500,000 worth of ETH from the HairDAO treasury to strengthen our stablecoin reserves and provide a buffer against near-term market volatility.
Motivation Crypto markets are inherently volatile. Converting a portion of our ETH into stablecoins ensures we can continue funding operations, research, and contributor payments without being forced to sell during a downturn. This move enhances runway and positions HairDAO for long-term resilience.
Off-Chain Vote
Loading…
- Author
verbinnen.eth
- IPFS#bafkreic
- Voting Systembasic
- Start DateMar 28, 2025
- End DateMar 31, 2025
- Total Votes Cast51.98K vHAIR
- Total Voters6
Timeline
- Mar 28, 2025Proposal created
- Mar 28, 2025Proposal vote started
- Mar 31, 2025Proposal vote ended
- Apr 01, 2025Proposal updated