Leverage DAO - turn fraction of DAO eth to stablecoin.
Voting ended over 2 years agoSucceeded
Overview This is just to protect value of DAO to be more stable in a market of turmoil. Not a large amount, but enough to have some exposure. It also gives the DAO buying power if eth dips.
Goals More stability in DAO value.
FrankenDAO Benefits Solidify valuation of the DAO.
Timeline Sell order at 1,650.00 eth price to transfer $25,000.00 to USDC and USDT ($12,500.00 and $12,500.00)
Execution plan Place order at that price on the exchange. $1,650.00 eth price.
Budget and fund utilization $25,000.00 (no cost besides fees to swap)