TDP 29 - DAO<>DAO Swap - Balancer
It is proposed to engage in a swap opportunity with Balancer Finance, arising from the upcoming launch of mStable’s Emissions Controller.
An amount of 20k BAL against the equivalent USD value worth of MTA is to be considered for this swap, which would then be used to enter into the 80/20 BAL/ETH pool on Balancer. At current prices, it would represent roughly a $400k swap.
Both protocols also agree to hold the swapped position for a minimum of 1 year from the date of the swap.
Links
- RFC: DAO<>DAO Swap - Balancer
- Proposal: TDP 29
- Discussion: TDP 29 - DAO<>DAO Swap - Balancer
Should mStable engage in this swap opportunity with Balancer Finance, and exchange 20k BAL token against the equivalent USD value in MTA as specified in TDP 29?
Off-Chain Vote
For
4.06M 100%
Against
0 0%
Different Amount
0 0%
Timeline
Dec 06, 2021Proposal created
Dec 06, 2021Proposal vote started
Dec 10, 2021Proposal vote ended
Oct 26, 2023Proposal updated