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Memo 0x94fcf3f3…2f7945 on Ethereum

@0xF6e7...6aA9 This proposal was modeled after Treasury Management prop 936 (https://nouns.wtf/vote/936), where idle treasury funds were staked into stETH and wrapped into wstETH > TL;DR: This proposal deploys 300,000 USDC of treasury funds into an external yield vault, which is a treasury-mechanics change that defaults AGAINST under Article II. > > Moving idle treasury USDC into OUSD/wOUSD to earn yield is a change to how the treasury holds and deploys its assets — treasury mechanics under Article II.1, which defaults AGAINST absent extraordinary and explicit justification. The 'treasury management' framing is exactly the kind of euphemism II.3 says does not change the structural classification, and exposing treasury funds to external smart-contract and depeg risk walls value into a financial product rather than proliferating Nouns culture (V.1). Because this is structural, it can never be auto-ratified and requires human review (II.2). > > [ suggestions ] > - Reframe and justify as a treasury-mechanics change with explicit risk analysis and an exit plan, understanding it still requires human review. > - Tie any yield generated to concrete mission spending so the deliverable proliferates Nouns rather than merely accumulating. > > more @ nounsvote.com