Convert Part of DOT Assets to Stablecoins
Created time
Sep 10, 2024
Last edited time 2
Sep 10, 2024
Author
Importance level
Last edited time
Sep 10, 2024
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Voting choice
Aye
Voting on
link to proposal
rationale
DAOplomats have voted in favour of this proposal; it's vital to make a stable coin reserve for the DAO. The strategic selling of DOT within the ecosystem will foster TVL and volume rather than that of a CEX. For future proposals, we might prefer more professional trades like OTC/market-making deals over open market
Created time 1
Sep 10, 2024
Created time 2
Sep 10, 2024
DAO
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Last edited time 1
Sep 10, 2024