Problem#

MoonDAO treasury is mainly in ETH. This puts our treasury in risk as the ETH price can go up and down.

Solution#

Diversify MoonDAO treasury in different assets.

MoonDAO treasury currently has ~ 652 $ETH (around $1.2M). We are currently spending around $60K per quarter for project bonus, plus additional project cost which varies project by project. That said $500K in stable coin is enough for our one-year operation.

Specification:#

Swap $500k to Stable coins ($USDC, $DAI, $USDT) The rest ~$700k in $ETH

No Project team & MVP.