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Tiny WorldTiny Worldby0x5B4a2481093553Fe04398c904A7096CD5030bD730x5B4a…bD73

Stablecoin BUSD Exchange Proposal in TinyDAO Treasury

Voting ended almost 3 years agoSucceeded

Background

In light of the recent US lawsuit filed against PAXOS- the issuer of BUSD, Binance and PAXOS have stopped minting the stablecoin BUSD. To ensure the persistence and security of the stablecoins in the TinyDAO treasury, we propose exchanging all of the BUSD in the TinyDAO treasury for USDC. Furthermore, if there are any future risks with USDC, we propose allowing the team to exchange stablecoin funds for USDT (provided that USDT remains secure).

Off-Chain Vote

YES
516.4K veTINC100%
NO
0 veTINC0%
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Timeline

Feb 28, 2023Proposal created
Feb 28, 2023Proposal vote started
Mar 02, 2023Proposal vote ended
Oct 26, 2023Proposal updated