DCA AXS/X2Y2

Title: DCA AXS/X2Y2

Proposal Type: Resource

Creator: @Moto Laurie Relic Type: Archmage

Overview: Implement a DCA strategy during these market conditions for the DAO to lower the dollar cost average and potentially generating additional yield for MAGE Relic owners via staking rewards.

Strategies & Options: Option 1: Double our current standing in both AXS and X2Y2, the funds would need to come from the last proposal "DCA For Scaling Treasury with Yield Intent (Part 2)". In total, this would be $85,000. Minimum exit points for the DAO to sell all of the assets acquired from this proposal would be $40 for AXS and $0.13 for X2Y2.

Option 2: Acquire $40,000 worth of AXS only, using funds from the last proposal "DCA For Scaling Treasury with Yield Intent (Part 2)". Minimum exit points for the DAO to sell all of the assets acquired from this proposal would be $40 for AXS.

Option 3: Acquire $45,000 worth of X2Y2 only, using funds from the last proposal "DCA For Scaling Treasury with Yield Intent (Part 2)". Minimum exit points for the DAO to sell all of the assets acquired from this proposal would be $0.13 for X2Y2.

Option 4: Selling GQ tokens at current market price to DCA into AXS & Y2X2. Following the same amount and exit points as mentioned in Option 1.

Option 5: No action (Reject Proposal)

Timeline: Effective immediately

Investment Scope: 5 Options for Voting

• Option 1
• Option 2
• Option 3
• Option 4
• Option 5

Receiver: MetaBrands Treasury

Executor: Any Available DAO Executor

Bounty/Payment: None