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K9 Finance DAOK9 Finance DAOby0x12315D062F8f8C66c4b4929bb3d66c27281dE90Fk9ops.eth

Treasury Stables Rebalance (sDAI → USDC)

Voting ended over 1 year agoSucceeded

Proposed actions:

sDAI Rebalance: Swap all existing sDAI holdings to USDC within the Aave Ethereum pool. This move will de-risk the treasury by shifting from a stablecoin with increasing risk factors to one with a more secure and established profile.

USDT Allocation: Allocate the uncommitted $100k of USDT in the treasury to the same Aave Ethereum USDC pool. This allocation will ensure that the treasury earns a yield on these funds while avoiding the risks associated with holding them in USDT during this period of uncertainty.

Off-Chain Vote

YES
28.89B KNINE100%
NO
10.65M KNINE0%
Quorum:206%
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Discussion

K9 Finance DAOTreasury Stables Rebalance (sDAI → USDC)

Timeline

Sep 06, 2024Proposal created
Sep 06, 2024Proposal vote started
Sep 11, 2024Proposal vote ended
Sep 08, 2025Proposal updated