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Nouns Archive

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On-Chain Proposal

Protect Treasury (down $43M since April)

Operational
Proposal No96
VotingCanceled
Total Requested0 ETH
StatusCancelled
Prop 96.PNG

Description

The treasury has decreased from $78M to $35M since its peak in April, and it is proposed that 10% of the treasury be converted to USDT to protect against a potential 80% drop in ETH, which would leave the treasury at $6.5M.

Media

Prop 96.PNG.png