Treasury Rebalance

It is proposed that RVRS protocol rebalance our current treasury holdings.

The intent of the rebalancing is to increase our holdings of blue chips and stables and to decrease our holdings of high risk assets.

RVRS stable coin holdings are significantly reduced following our exit bonding event and our “dry powder” as a result is depleted – we are currently unable to make any significant investments.

It’s also been discussed that blue chips may represent our best strategy in a recovering market.

To this end, it is proposed that we convert: gOhm/WAVAX OSMO LP’s Jewel Crystal Joe wMemo OSMO STG

The total value of these is approximately $20-25k. The next steps following a successful vote will involve proposing a strategy for investing the stables, wBTC and ETH such that they are yield bearing.

Vote options are:

1. Sell into 80% Stables, 10% ETH, 10% wBTC
2. Sell into 50% Stables, 25% Eth, 25% wBTC
3. Do not sell