Diversify Treasury into USDC

This proposal moves to convert half our treasury from ETH to USDC due to uncertain market conditions.

Agreements

• This proposal moves to swap 0.75 ETH to USDC via Uniswap

Funds

• Current Treasury Balance: 1.5 ETH
• Net Impact of this Proposal: -0.75 ETH, +676.58 USDC
• Treasure Balance After Executing this Proposal: 0.75 ETH, 676.58 USDC These amounts are calculated based on the market price of Ether on Jun 18, 2022. This was when we held an initial vote in iMessage and executed the swap.

Voting

• Vote "Yes" on this proposal if you agree to make the swap.
• Vote "No" on this proposal if you would like to keep our entire Treasury balance in Ether.