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JPEG’dJPEG’dby0x4702D39c499236A43654c54783c3f24830E247dC0x4702…47dC

PIP-06: JPEG Treasury Diversification

Voting ended over 3 years agoSucceeded

JPEG'd treasury stablecoin composition is almost entirely USDC.

I propose the JPEG'd DAO diversify their USDC composition into more decentralized stables such as LUSD, sUSD, MIM, RAI, and perhaps other forms of stables USDT, DAI, FRAX, and the future crvUSD to mitigate single point of failure.

Seeking the DAO's authority to diversify to these stablecoins into a mix deemed appropriate by multisig.

Off-Chain Vote

Diversify
3.24B JPEG100%
Object
0 JPEG0%
Quorum:156%
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Discussion

JPEG’dPIP-06: JPEG Treasury Diversification

Timeline

Aug 12, 2022Proposal created
Aug 13, 2022Proposal vote started
Aug 16, 2022Proposal vote ended
Oct 26, 2023Proposal updated