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MoonDAOMoonDAOby0x679d87D8640e66778c3419D164998E720D7495f6Pablo Moncada-Larrotiz

MDP-91: Treasury Diversification Proposal

Voting ended almost 3 years agoSucceeded

Problem

MoonDAO treasury is mainly in ETH. This puts our treasury in risk as the ETH price can go up and down.

Solution

Diversify MoonDAO treasury in different assets.

MoonDAO treasury currently has ~ 652 $ETH (around $1.2M). We are currently spending around $60K per quarter for project bonus, plus additional project cost which varies project by project. That said $500K in stable coin is enough for our one-year operation.

Specification:

Swap $500k to Stable coins ($USDC, $DAI, $USDT) The rest ~$700k in $ETH

No Project team & MVP.

Off-Chain Vote

Yes
15.96M vMOONEY58.8%
No
11.17M vMOONEY41.2%
Abstain
0 vMOONEY0%
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Timeline

May 26, 2023Proposal created
May 26, 2023Proposal vote started
May 31, 2023Proposal vote ended
Dec 10, 2025Proposal updated