closedEnded 2 years ago · Snapshot (Offchain)
[GCP-014] - Exchange $100k USDC in matching pool funds for $100k Glo Dollar
By 0x8F48...9Ef5D9Continue Reading
The GloDollar team proposes that Gitcoin exchange 100k of its matching pool USDC for 100k Glo Dollars, the stablecoin that helps end extreme poverty, and plan to hold the Glo Dollars for at least 12 months.
The Gitcoin matching pool currently holds a little over $13 million of assets. Exchanging $100k for Glo Dollars would mean swapping approximately 0.7% of the matching pool funds for an equivalent amount of Glo Dollars.
The proposal for the vote is a yes / no vote:
Swap $100,000 USDC in matching pool funds for $100,000 Glo Dollars, or do not swap.
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0Votes 2874
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xf93F...Bb02B0 | 1.1M | Yes swap |
 0xB410...C5f192 | 999,381 | Yes swap |
 0xc2E2...296099 | 898,080 | Yes swap |
 0x5a5D...aCa9C3 | 812,007 | Yes swap |
 0x894A...27Ef92 | 794,470 | Yes swap |
VOTE POWER
0
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Proposal Status
- Mon October 30 2023, 04:48 pmVoting Period Starts
- Mon November 06 2023, 04:48 pmEnd Voting Period
Current Results
1-Yes swap
5.445M
2-No do not swap
1.078M
Quorum 6.523M/2.5M