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ReidarReidarby0x7a986b3e98A9cFCe38E2070ACC6b0e2ACeD31C91abeisr.eth

Proposal 152: Buy the ETH dip with $4000

Voting ended over 1 year agoFailed

We have $8,301 USDC in our vault and ETH is down 28% over the last five days. Seems like an opportune time to add to some of our eth exposure and use our stables to stack some more eth at a lower cost basis. $4k allows us to buy about 1.65-1.7 ETH at these prices and leaves us some dry powder for future purchases.

Bear case: eth keeps going down.

Off-Chain Vote

Yes
799 RDR100%
No
0 RDR0%
Abstain
0 RDR0%
Quorum:96%
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Timeline

Aug 05, 2024Proposal created
Aug 05, 2024Proposal vote started
Aug 06, 2024Proposal vote ended
Dec 20, 2025Proposal updated