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
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- Author
0x4702…47dC
- IPFS#bafkreia
- Voting Systemsingle-choice
- Start DateAug 13, 2022
- End DateAug 16, 2022
- Total Votes Cast3.24B JPEG
- Total Voters60
Discussion
Timeline
- Aug 12, 2022Proposal created
- Aug 13, 2022Proposal vote started
- Aug 16, 2022Proposal vote ended
- Oct 26, 2023Proposal updated