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PopcornPopcornby0xED9c5B6255004142e8bf8479803A895E8098EF250xED9c…EF25

[PIP-10] Treasury Management for Aragon USDC

Voting ended over 3 years agoSucceeded

Summary:

This proposal is a follow-up from RFC-8 and aims to make PopcornDAO’s USDC treasury on Aragon productive.

Motivation:

A treasury made productive with yield-generating products increases our treasury and PopcornDAO’s runway. The intent here is to

-Remove funds from Aragon -Deposit into a Gnosis multisig. Gnosis allows you to connect the multisig directly to the PopcornDAO-determined dApp to be used to generate yield. -Determine the appropriate product(s) to use to put our treasury to work -Boost treasury and runway

Action Steps

-Withdraw USDC from Aragon into a Gnosis multisig. We will share the wallet address with the community once created. -Followup PIP-10 with another PIP to PopcornDAO on where to deposit funds to generate yield

Please indicate if you approve, disapprove, or abstain.

Off-Chain Vote

Approve
1.02M vlPOP99.9%
Disapprove
1.04K vlPOP0.1%
Abstain
0 vlPOP0%
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Discussion

Popcorn[PIP-10] Treasury Management for Aragon USDC

Timeline

Nov 25, 2022Proposal created
Nov 25, 2022Proposal vote started
Nov 29, 2022Proposal vote ended
Oct 26, 2023Proposal updated