172: Fund Trustless USDC Payments Contract

Voting ended over 3 years agoSucceeded

TLDR: In order to pay builders directly with USDC, we have deployed a contract (TokenBuyer) which swaps ETH for USDC on behalf of the DAO.

We propose to fund TokenBuyer with 625 ETH in order to acquire a USDC buffer of $500K (there's a baked in volatility buffer; any extra ETH will be used for later proposals or can come back to the treasury).

Future proposals created from nouns.wtf will automatically "top off" TokenBuyer with additional ETH, minimizing the need for additional funding proposals.

ASK: 625 ETH Proposal: https://nouns.wtf/vote/176

createdTransactionHash - 0x2c0752fe12920b198431179c2b2f0101b3b794c76f53097242f2124621eb0dbb

Off-Chain Vote

For

211 Lil Nouns96.3%

Against

1 Lil Nouns0.5%

Abstain

7 Lil Nouns3.2%

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Timeline

Nov 17, 2022Proposal created

Nov 17, 2022Proposal vote started

Nov 20, 2022Proposal vote ended

Jun 11, 2025Proposal updated