Time to put more treasury fund to work.
As we are transitioning to a more investment centric DAO, the earnings of the treasury funds will be used to buyback SPA (to be burned). We are taking regimented steps to put our treasury into earnings mode gradually.
We have completed testing around the required contract work and ready to deploy soon.
The target curve pool would be 2Pool or Geist Pool with stable APR around ~9%. The treasury will be farming CRV, wFTM and/or Geist, which will then be swapped into SPA tokens.
Proposal: Allocate $10M Dai from treasury to Curve stable coin yield farming (2Pool or Geist Pool)
Yea - for the proposal Nay - against the proposal