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Sequoia DAOSequoia DAOby0xaA01dD01ea027C3880204caA7572101B34baD366ncrypt30.eth

Treasury building

Voting ended over 3 years agoSucceeded

Hey guys. Few proposals below to do something with the treasury and tried to mix up the sectors. Good to have a plan in place in advance. All of these are 0.5-0.618 fib levels depending on strength of chart. The 2 i know most people are keen on i have double expense.

Buy $500 of Link @ $6.30 Buy $500 of PYR @ $3.60 Buy $1,000 of Solana @ $37 Buy $1,000 of Matic @ $0.64

Leaves $4,000 in stables + our 1.11 Eth aswell.

When they run 100%, we sell 50%, and keep 50% for next cycle. To be clear this is building a treasury and not trading it. By selling 50% after a 2x we completely remove any risk. Over time we will grow.

Off-Chain Vote

Yaay
9 ETH90%
Naay
1 ETH10%
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Timeline

Jul 21, 2022Proposal created
Jul 21, 2022Proposal vote started
Jul 22, 2022Proposal vote ended
Oct 26, 2023Proposal updated