TCD #69: Consumption of Existing Stables for Funding the Association
tldr: The Treasury has stables in several protocols and needs to decide which to convert to USDC in support of TCD #68 and which, if any, to retain.
Summary: The treasury currently has:
- Maker sDAI: $201,077 yielding ~6.25%
- Angle agUSD(stUSD): $201,528 yielding ~6.5%
- Aave GHO: $201,528 yielding ~19%
- Wallet USDT: $66,229
- Wallet USDC: $13,043
It has been proposed that GHO is retained because of the higher yield, while the others are used to cover Association expenses. Note: Regardless of the decision, additional stable funding is required to fund TCD #68. A separate vote will be held to identify how the remaining Association funding will be appropriated
