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ReidarReidarby0x2C7652dc80eD4AA3a7627F783C20a8D261f7a3D30x2C76…a3D3

Swap Treasury Stables for SOL

Voting ended over 1 year agoSucceeded

This is a proposal to swap the stableslcoins in the DAO treasury (USDC/USDT etc.) for SOL. SOL is the outperformer among majors this cycle and is still undervalued at around $100B cap given the usage metrics. It's currently within striking distance of a new ATH and is a very low risk bet with high chances of doubling or more. The DAO should have SOL exposure which should outperform stables in the current bull market. A yes vote is a vote to use our USDC and market buy SOL

Off-Chain Vote

Yes Swap Stables for SOL
929 RDR98.4%
No Do Not Swap Stables for SOL
0 RDR0%
Abstain
15 RDR1.6%
Quorum:114%
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Timeline

Nov 16, 2024Proposal created
Nov 16, 2024Proposal vote started
Nov 17, 2024Proposal vote ended
Nov 17, 2024Proposal updated