FrankenDAOby
0x9cBC…06d4
Leverage DAO - turn fraction of DAO eth to stablecoin.
Voting ended over 1 year 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)
What areas of the community does this touch?
FrankenDAO, General
Off-Chain Vote
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- Author
0x9cBC…06d4
- IPFS#bafkreib
- Voting Systemsingle-choice
- Start DateOct 17, 2023
- End DateOct 20, 2023
- Total Votes Cast13.79K VP
- Total Voters4
Timeline
- Oct 17, 2023Proposal created
- Oct 17, 2023Proposal vote started
- Oct 20, 2023Proposal vote ended
- Oct 26, 2023Proposal updated