# TCD #71: Borrowing From Compound

**URL:** <https://forum.badger.finance/t/tcd-71-borrowing-from-compound/6409>\
**Category:** Treasury Council Decisions\
**Created:** [October 4, 2024, 4:17pm UTC](https://forum.badger.finance/t/tcd-71-borrowing-from-compound/6409 "2024-10-04T16:17:37Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![1500Badger](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.badger.finance/1500badger/32/1274_2.png) [@1500Badger](https://forum.badger.finance/u/1500Badger)\
**Post date:** [October 4, 2024, 4:17pm UTC](https://forum.badger.finance/t/tcd-71-borrowing-from-compound/6409/1 "2024-10-04T16:17:37Z")

</div>

**TCD #71: Borrowing From Compound**

**tldr:**

Fund the Association Q4 budget of $798,438 and the Treasury stable runway by using Treasury sDAI, agUSD and USDT and borrowing the remainder from Compound using wBTC as collateral at 200% of the liquidation collateral threshold

**Details:**

- TCD 68 approved the Association Q4 funding of $798,438

- TCD 69 approved using sDAI, agUSD, USDT and USDC in the Treasury wallet to fund the Association Q4 budget

- TCD 70 approved borrowing USDT from Compound using Treasury wBTC as collateral to acquire the stable required to fund the Association and maintain the Badger stable runway

- This TCD consolidates those actions into one directive:

- Convert sDAI, agUSD and USDT into USDC

- Deposit 17.2 wBTC into Compound (200% of the liquidation collateral at BTC price of $64k)

- Borrow 467,837 USDT from Compound

- Swap the USDT into USDC

- Transfer $798,438 USDC to the Association

- Oct and Nov month-end, fund the stable runway by borrowing $353,700 while maintaining the 200% liquidation collateral ratio using Compound unless another protocol is selected via a TCD

 ![image](https://canada1.discourse-cdn.com/flex034/uploads/badgerdao/original/2X/2/29d9f759d21ba0a6ef662fbbc4360817ddba7370.png)