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FrankenDAOFrankenDAOby0x9cBCf72934FdF2FE74877dC5eB3e3480839d06d40x9cBC…06d4

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)

What areas of the community does this touch?

FrankenDAO, General

Off-Chain Vote

Against
10.86K VP78.7%
For
2.93K VP21.3%
Abstain
0 VP0%
Download mobile app to vote

Timeline

Oct 17, 2023Proposal created
Oct 17, 2023Proposal vote started
Oct 20, 2023Proposal vote ended
Oct 26, 2023Proposal updated