Safe Contract Disbursements SOP | SWAP Vector

Summary

Currently LexDAO has an issue where we need to be able to manage disbursements to members in stable coin to address volatility in various other token standards held in treasury. As a matter of process our main treasury wallet requires a quorum of OC member signature to directly swap from token 'x' to stable coin. Because of the token volatility, we are unable to execute transactions fast enough to manage the swap.

Proposal

For the immediate term, the fastest solution to managing this is to use a Safe Contract to allow a sub-wallet with lower signing requirements solely for the purpose of this monthly exchange. As such we are proposing a 2/3 wallet that will be instituted only to allow the exchange from native tokens to stable coins for disbursements.

**This is intended to be a temporary solution until we can identify a more scalable solution

Designated Signers (v1)

This 2/3 wallet will have the following designated signers:

• Operator
• Assistant Operator
• Operating Committee (1 General Member)

Wallet Address

0x4d0e45e2f157deea0d85cf9803411de39dbe6b12cfe2037d87695bcd4ba43d5f