closedEnded 4 years ago · Snapshot (Offchain)
Convert 5 Eth to USDC from the Community Wallet
By 0x0b1B...B1B4CfContinue Reading
Resolution To convert 5 ETH to USDC if 1 ETH > 5000 USDC.
N.B. Crypto valuations fluctuate and the ETH price may be worth more or less in USDC terms at some point in the future.
Rationale
- Portfolio Balance and Risk management.
- The community wallet is to be partly used for real life events (IRL) and other fun activities TBC.
- Can also be used in DEFI to gain a yield on aave.com
FYI - At the time of posting (within 1 hour) 1 Ethereum (ETH) = 4,558 USD Coin (USDC) https://coinmarketcap.com/converter/
Notes
- The trade will be made on Uniswap and could be sold up to 5% below the target price of 5000 USDC.
- Please note the exchange gas fees will also be deducted from the Community Wallet Balance.
- Chief Bulls can decide to leave in the wallet or put to earn Yield on a DEFI platform such as aave.com
(Currently - Deposit APY 5.32%,Deposit APR 5.19%)
See Wallet details below: CW wallet https://etherscan.io/address/bullsontheblock.eth - Community wallet.
Connect Wallet to Add Note
0Votes 25
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xe6b4...d75B84 | 75 | YES |
 0x9C87...10c1B3 | 71 | YES |
 0x0b1B...B1B4Cf | 62 | YES |
 0xfB8D...08654a | 12 | YES |
 0x89de...aebBeA | 10 | YES |
VOTE POWER
0
Connect Wallet
Proposal Status
- Wed November 03 2021, 04:00 pmVoting Period Starts
- Thu November 04 2021, 04:00 pmEnd Voting Period
Current Results
1-YES
276
2-NO
8