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Ethereum 10yr BD in Barcelonabookofethereum, family0xe2198bdbe9b2a2fa19c92cd5777caba76f9bb666f71bdb9597b23e38f47f1a6fbafkreiebcvluw5ztssdixocbawad546y22o3fulawnyfj24emdwwvgg6rabafkreifrhd6udp3ecues7otv7jqepzw3fdsqhh5ehqgvd4ylba63tutgae
Ethereum is for impact0xcb6ce88ebe963f42fd3c6c6db903de41f5ff3bea5a62d782954977828f96576ebafybeibb3mxl5ppv3jl7lm4zx3fn5xdtng7ox7u7znhcg325uwwqwe4vwebafkreiag66p6qvdezxs77ii3pcsw5qyxqkltlh7iph5ndlpgbdhmw4w3em
{"title":"Fund Public Goods by Swapping 300K USDC to USDGLO","description":"Summary\n\nThe proposal is to swap 300 K USDC to 300 K USDGLO to fund public goods at no cost through the yield generated by USDGLO.\n\nThis funds are meant to be used as short term working capital and pay for upcoming grants.\n\nRelevant Links:\nDiscussion post on the Shutter Forum: https://shutternetwork.discourse.group/t/shutter-dao-0x36-to-fund-public-goods-automatically-and-at-no-cost/350\n\nSnapshot “Temp Check” on Funding Public Goods (At No Cost) with USDGLO: https://snapshot.org/#/shutterdao0x36.eth/proposal/0x68eed2d85e596e36bf0368e4255cba6ac07528a3d6888e5804d961bcde85d88a\n\nProposal forum post: https://shutternetwork.discourse.group/t/proposal-fund-public-goods-at-no-cost-by-swapping-300k-usdc-to-300k-usdglo/381\n\nGlo Dollar website: https://www.glodollar.org/\n\nAbout Glo Dollar:\n\nGlo Dollar (USDGLO) is the stablecoin that funds public goods. It’s 100% fiat-backed, always redeemable 1:1 for USD and USDC, issued and regulated in the United States, and receives monthly independent attestations. Glo Dollar funnels 100% of profits to charitable causes. By adopting Glo Dollar, Shutter DAO 0x36 is funding public goods. Automatically. At no cost.\n\n\nProcess:\n\n1. Swap process, facilitated by Artis and Glo Foundation:\n\n2. Shutter DAO 0x36 will transfer Artis 301,000 USDC.\n\n3. Artis will swap aprox. 300,000 USDC for 300,000 USDGLO.\n\n4. Glo Foundation will transfer Artis USDC equal to swap fees and slippage.\n\nArtis will send Shutter DAO 0x36 300,000 USDGLO + 1,000 USDC.\n\nToken addresses:\n\nUSDC: 0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48 \nUSDGLO: 0x4F604735c1cF31399C6E711D5962b2B3E0225AD3\n\nOff-Chain Commitments (no immediate action required)\nShutter DAO 0x36 will use USDGLO as the default currency to pay grants.\n\nExplanation & Motivation\n300K USDC is 4.6% of the 6,533,086.22 USDC held in the Shutter DAO 0x36 treasury (as of 25 April 2024).\n\n300K USDGLO is sufficient for Shutter DAO 0x36’s short term working capital requirements and to pay upcoming grants."}