Executed

Capitalize the DAO with 500K USDC by purchasing FORTH at market price


ID 24

ID 24

Proposed on: Dec 11th, 2023

Proposed on: Dec 11th, 2023

Votes

Actions

Type

Address

Details

Custom

0xA0b8...eB48

transferFrom(..)

Custom

Account

0xA0b8...eB48

Method

transferFrom(..)

Proposal

Governance Forum Discussion

The Forth DAO is currently in possession of several tokens but is deficient in USDC Ampleforth Dashboard. This proposal requests to capitalize the DAO with 500K USDC by purchasing FORTH at market price.

To price the FORTH we’ll take the 7-day simple moving average price from TradingView looking back from the time of this submission ($3.331 / FORTH).

This USDC can be used by the DAO for many things including DAO-owned forever liquidity.

Votes
Status