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Stacker VenturesStacker Venturesby0xC77c0e37cA5EC76d25C853F7e8D71E6C535d80480xC77c…8048

Should the treasury be diversified more?

Voting ended over 4 years agoSucceeded

I propose that our Stacker Ventures treasury be diversified more away from ETH in order to ensure sustainability during volatility.

  • 60% would be invested in stackUSDC and earn the highest interest among the Active Yield Funds
  • 20% would be invested in the stackWBTC AYF
  • 20% would be invested in the stackETH AYF

The DAO's stackUSDC would benefit the tokenomics proposal being discussed in Discord while the treasury would be supporting all 3 Active Yield Funds.

The biggest downside of course would be less exposure to Ethereum increasing in price. However, as the DAO is receiving a fee as well from the AYFs, and our ETH holdings would still be growing over time.

Off-Chain Vote

Yes
55.35K 100%
No
0 0%
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Timeline

May 12, 2021Proposal created
May 12, 2021Proposal vote started
May 14, 2021Proposal vote ended
Oct 26, 2023Proposal updated