DREAM DAO PROPOSAL #81: DreamDAO x Glo Dollar swap
🎯 Goals:
- Swap 2k USD in GTC and 3k USD in ETH to Glo Dollar, totalling 5k USD in Glo Dollar for the DAO wallet.
- Join a coalition of organizations embedding philanthropic efforts into their treasury.
🏋️ Point of Contact:
amanda_maritan
💡 Description: Proposal to diversify the DAO wallet by converting some assets into Glo Dollar. Glo Dollar is a stablecoin pegged 1:1 to the USD, focused on philanthropic efforts.
Click here for a detailed description: DreamDAO x Glo Dollar swap
💚 Benefits: Joining a philanthropic coalition including Endaoment, Gitcoin, Giveth, Octant, etc. (More details at Glo Consortium). Contributing to efforts to end extreme poverty through the Glo Foundation, with each $20,000 of Glo Dollar market cap potentially lifting one person out of extreme poverty. Mantle would pioneer integrating Glo Dollars into its treasury, demonstrating a commitment to social good.
📈 Success Metrics:
- Successful conversion of 5k USD into Glo Dollar.
- Joining the Glo Consortium and contributing to philanthropic efforts.
💰 Tokens/ETH Requested: (Treasury control)
- 5k USD equivalent in GTC and ETH.
💸 Token Distribution: (Sponsors’ control)
- Allocation of converted funds into Glo Dollar.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x742C...3d50b9 | 1 | |
 0x5a5D...aCa9C3 | 1 | |
 0x48c2...1a0F07 | 1 | |
 0x420f...2e3d55 | 1 | |
 0x2a10...3D89E0 | 1 |
VOTE POWER
Proposal Status
- Mon December 11 2023, 09:30 pmVoting Period Starts
- Thu December 14 2023, 09:30 pmEnd Voting Period