Convert Funds from NyoBank to Stablecoin
The NyoBank Team would like to propose that we transfer 50% of our wallet (at the time of writing, 26.26 ETH) to Stablecoin (USDC) to secure our funds for future endeavours.
Why: While we ramp up our proposals, we wouldn't like to lose any funds with ETH dropping and gaining.
Timeline: Within the same day the proposal is approved.
This is 50% of our current bank!
Off-Chain Vote
Convert NyoBank Funds
488 NYOLINGS76.9%
Don't convert NyoBank Funds
147 NYOLINGS23.1%
Timeline
Nov 05, 2022Proposal created
Nov 05, 2022Proposal vote started
Nov 06, 2022Proposal vote ended
Oct 26, 2023Proposal updated