Hey everyone! I am proposing we kick off planning and strategy for treasury swap.
Why are we doing a treasury swap?
- Diversifying the Giveth treasury with other strategically aligned DAOs incentivizes alignment between the Giveth team and the counter-party DAO
- Distribute GIV to mutually aligned partners and get their involvement in Giveth governance
- Exposure in the ecosystem
- By diversifying treasury and holding different assets, Giveth gets exposure to a bucket of assets, reducing volatility in the treasury
Potential projects:
Recommendations from Griff:
$FOX
$GTC
$BRIGHT
$NODE
$HNY
Recommendations from hotl:
$BANK
$BAL
$OHM
$TOKE (this also came as an idea from someone at Giveth - maybe Willyfox?)
Planning:
Milestone 1: Agree on target projects to create DAO proposals (Jan x?)
Milestone 2: Write proposals (TBD)
Milestone 3: Review/Submit (TBD)
Milestone 4: Swap Governance tokens (TBD)
(Looking to you all for ideas on when we could have target projects and proposals moving!)
Team:
@crusher (proposal writing), hotl (project management, writing?), @Lauren (,) (advisor?), willyfox (advisor?)
Anyone else I am missing who would be a good resource to involve?
Also, go easy on me - this is my first DAO proposal