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:
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:
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.