The SKVLLDAO currently has ~15E in it. With the uncertainty of the global market (global recession concerns), this proposal aims to sell some E with plans to buy back more.
With the E merge coming, maybe E runs, and we lose some upside, but then maybe E sells off and we gain upside. Such is the way of this, but currently we are 100% exposed to E.
This proposal aims to sell (4) E or roughly 25% of the funds to USDC with 3 options:
A - sell over time
1E at ~$1500 (so right now) 1E at ~$1600 1E at ~$1700 DAO to USDC 1E at ~$1800
B - sell right now 4E around $1500
C - sell if we pamp 4E around $1800 And then revisit buying back in to E starting below $1200.
Skvlldao ETH address https://etherscan.io/address/0xcda2e4b965eca883415107b624e971c4cefc4d8c
If this is the E bottom and we never go lower, then we can discuss what to do with the USDC.