Swap FEI into USDC

Proposed by0xffD1f7a0E01c947bA1006f162AC9C16b1745115A0xffD1…115A
Participation
2.32%
142 / 6,133voters
Voting Timeline
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Description

1 min read

Squad: Treasury Department

Summary:

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

  • If approved via snapshot, the follow transaction will be initiated

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

Start DateDec 5, 2023 7:00 AM
End DateDec 12, 2023 6:00 AM
Start Block18,715,001
Voting TypeSingle Choice
Voting Results
Approve
16M votes99 %
Abstain
80,242 votes0 %
Reject
3,572 votes0 %
Quorum
16M / 0 votes0%

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