TCD #70: Stable Supply Approach

TCD #70: Stable Supply Approach

tldr: Based on decisions in TCDs #68 and #69, Badger will need additional stables to fund the Association for Q4-2024 and to fund reserves for Q1 2025. Badger must sell assets for stables or use assets as collateral to borrow stables

Details:

The Badger Treasury Vault has ~$2.5mm wBTC and ~$2.6mm ETH (ETH, wETH, rETH, stETH) at current prices

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TCD #70 Amendment: wstETH collateral usage

As the Treasury has run out of unallocated BTC to use in the stablecoin runway borrow program, the proposal is to use wstETH moving forward with the same parameters.