Summary

We currently hold 394,460,455 in BANK tokens for a value of $637,476.73 (as of the date of this proposal, June 7th) in our multisig treasury wallet. Which is approx. 70% total token holdings of all tokens held in the multisig. See our token allocation on etherscan: https://etherscan.io/address/0xf26d1Bb347a59F6C283C53156519cC1B1ABacA51

---

Specifications

To expand upon the proposal for 50% allocation of non-BANK tokens, (https://snapshot.org/#/tlbank.banklessvault.eth/proposal/0x950975bb8e913c7d2187543034b5cd5cb43bfde789c768c990636e1658e01802),

I propose that we diversify our treasury by reducing a small percentage (10%, 15% or 20%) of BANK token to swap for other less risk token investments which the multisig would determine to reduce our total portfolio risk.

The multisig would:

• swap/sell BANK token to an alternative token portfolio percentage mix based upon vote outcome
• reduce the risk of the treasury to a multisig portfolio that reduces high risk tokens and total wallet allocation percentages.