TDP 30 - Gitcoin Quadratic Lands Hackey Sack Purchase

It is proposed to purchase between 3 and 5 $SACKS (7,875 to 13,250 mUSD at the time of writing) in order to allocate a small portion of treasury funds towards public goods in a novel way, to make $SACKS more usable in the ecosystem, and to hold the remaining $SACKS ourselves for treasury diversification purposes.

The suggested method of purchase is to market buy 3 to 5 $SACKS from Uniswap from the Asset Management subDAO's additional DAI that got generated between the resolution of TDP 26 and now, and "kick" them to the respective recipients via multi-sig transactions.

The SACKS for Atlantis World will be kicked to this address.

The SACKS for Gitcoin will be kicked in primarily to the Matching Pool Treasury, and if 2 are chosen as the winning voting option, one additional SACKS to the internal Gitcoin Holdings multisig.

The remaining $SACKS will then be kicked to the mStable TreasuryDAO.

Links

• RFC: Gitcoin Quadratic Lands Hackey Sacks Purchase
• Proposal: TDP 30
• Discussion: TDP 30 - Gitcoin Quadratic Lands Hackey Sacks Purchase

Should the Asset Management subDAO market buy $SACKS from Uniswap and kick them to the relevant recipients as specified in TDP 30?