Swap FEI into USDC

Governance Proposals
1

Squad: Treasury Department

TLDR:

BanklessDAO treasury has 1,935 FEI, we need to swap out of this stable into USDC to reduce risk BACKGROUND BanklessDAO treasury received some FEI as part of a research grant. In order to reduce the risk on the DAO treasury, we suggest getting out of this position.

SPECIFICATION

  • The treasury dept has approved this swap here

  • If approved, the follow transaction will be initiated

  • BDAO multisig would submit a swap transaction to swap 1935 FEI into USDC

NEXT STEPS

  • Get approval on the forum proposal
  • This proposal is presented as a patch as it does not alter the constitution
  • Take to Snapshot for final ratification

POLL

  • Approve
  • Reject
  • Abstain
0 voters
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