0xe52c3932…d726sent to0xaa6bfa17…258e·#20,032,897·view on Etherscan
{"title":"Deposit 3M DAI in the DSR Contract","description":"\n\nStatus: Decent Vote Created\n\nForum Proposal Links: [Link to Forum Proposal](https://shutternetwork.discourse.group/t/proposal-onchain-treasury-management-temporary-solution-deposit-3m-dai-in-the-dsr-contract/416/1)\n\nFractal Vote Creator: 5pence.eth, alextnetto.eth, & gabrielnovak.eth\n\nFractal Vote Created: 6 Jun 2024\n## Proposal \n \n- Convert 3M USDC to DAI\n- Deposit 3M DAI to in the Dai Savings Rate (DSR) Contract\n- Generate additional 120K DAI per annum (likely more temporarily) for Shutter DAO 0x36\n \n## Background / Motivation \n \nA recent Shutter Forum post raised a discussion of treasury management, specifically regarding the opportunity to allocate part of Shutter DAO 0x36’s long term stablecoin assets to earn yield and generate additional resources / runway for the project.\n \nSee: https://shutterdao.discourse.group/t/shutter-dao-0x36-discussion-regarding-treasury-management/367\n\n\nThe DSR is accepted to be safe, and the liquidity makes it simple to redeem.\n\nThis would be a temporary solution. As Shutter DAO 0x36 grows over the next 6-12 months, we would codify a more permanent treasury manager and committee. \n\n## Dai Savings Rate (DSR) Links\n\n[https://blog.makerdao.com/dai-savings-rate](https://blog.makerdao.com/dai-savings-rate) \n[https://docs.makerdao.com/smart-contract-modules/rates-module/pot-detailed-documentation](https://docs.makerdao.com/smart-contract-modules/rates-module/pot-detailed-documentation) \n[https://docs.makerdao.com/smart-contract-modules/rates-module/pot-detailed-documentation](https://docs.makerdao.com/smart-contract-modules/rates-module/pot-detailed-documentation)\n\n## Forum Discussion Links\n\n[Shutter DAO 0x36 Discussion Regarding Treasury Management](https://shutterdao.discourse.group/t/shutter-dao-0x36-discussion-regarding-treasury-management/367)\n[Proposal: Issue an RFP for Treasury Diversification](https://shutterdao.discourse.group/t/shutter-dao-0x36-discussion-regarding-treasury-management/367/10?u=5pence)\n[Treasury Sustainability Proposal](https://shutterdao.discourse.group/t/tempcheck-treasury-sustainability-proposal/383)\n\n\n## Voting Options\n\nVote “Yes” to if your support this proposal\n\nOR\n\nVote “No” if you do not support this proposal\n\nOR\n\nVote “Abstain” if you do not have an opinion but want to help the vote reach quorum\n\n\n-----\n\n"}