• © Goverland Inc. 2026
  • v1.0.5
  • Privacy Policy
  • Terms of Use
Tiny WorldTiny Worldby0x5B4a2481093553Fe04398c904A7096CD5030bD730x5B4a…bD73

Proposal to Purchase Mainstream Tokens with 50% of USDC Funds in TinyDAO

Voting ended almost 3 years agoSucceeded

Background

In light of historical events such as the collapse of the US dollar bank, we have observed that the stability of stablecoins like USDC can be adversely affected. To reduce our exposure to risks in stablecoins and increase the utilization of funds in the TinyDAO treasury, we propose diversifying our treasury holdings to mitigate risk. This strategic move will not only protect our assets but also enable them to appreciate value alongside the industry's growth to create more value for Tiny World community members and the platform. We propose the following proposal:

Proposal

  1. Convert 50% of the USDC funds ($350K) to mainstream cryptocurrencies and hold them as reserves for the long term. The allocation for each currency will be as follows:

    - Bitcoin (BTC): 40%
    - Ethereum (ETH): 40%
    - Binance Coin (BNB): 20%
  2. Regular evaluations of its effectiveness and returns shall be conducted after the proposal is implemented. Strategies and directions will be adjusted according to the situation to ensure continuous appreciation and stability of TinyDAO's treasury funds.

Off-Chain Vote

YES
1.92M veTINC98.1%
NO
37.07K veTINC1.9%
Download mobile app to vote

Timeline

Apr 24, 2023Proposal created
Apr 24, 2023Proposal vote started
Apr 26, 2023Proposal vote ended
Oct 26, 2023Proposal updated