0xa31c2232…6020sent to0xb3a87172…87f0·#15,328,133·view on Etherscan
# PTIP 80 - Treasury Assets Management #2
#PTIP-80
##Simple Summary
We are looking to take advantage of all the assets in the PoolTogether DAO Treasury, by selling them for ETH or getting yield from them.
##Abstract
This proposal will send the following assets from the Treasury to the TWG Multisig to be sold and returned to the Treasury:
UNI (for ETH)
SUSHI (for ETH)
BADGER (for ETH)
COMP (for ETH)
AVAX (for ETH)
TRIBE (for ETH)
GAL (for ETH)
We will also stake the following assets (through working with the Exec Team):
MATIC
AAVE
The AVAX should be sent from the Exec Team to The Treasury Working group to be liquidated
##Motivation
After managing the stable assets from the treasury, it was the turn for non-stable assets. Instead of just holding all of the tokens, it was time for the DAO to select those that can have a long term impact and get some yield on them (or hold them). Whereas less meaningful assets will be sold for ETH.
Given the value of the assets being sold (less than $30K) and to simplify smart contract interactions (more than 10 transactions are required, so 2 PTIPs would be required if everything was done through the Governor Alpha contract), instead of doing all of the transactions through the Governor Alpha, the Treasury Working Group will take care of selling the assets for ETH and returning the obtained ETH to the Treasury.
##Technical Specification
On-chain transactions to be performed in PTIP-80:
Withdraw UNI from V3 Reserve
Contract: 0xd1797d46c3e825fce5215a0259d3426a5c49455c
function: WithdrawReserve()
from "prizePool": 0x0650d780292142835f6ac58dd8e2a336e87b4393
to: 0x42cd8312d2bce04277dd5161832460e95b24262e
Withdraw SUSHI from V3 Reserve
Contract: 0xd1797d46c3e825fce5215a0259d3426a5c49455c
function: WithdrawReserve()
from "prizePool": 0xc32a0f9dfe2d93e8a60ba0200e033a59aec91559
to: 0x42cd8312d2bce04277dd5161832460e95b24262e
Withdraw BADGER from V3 Reserve
Contract: 0xd1797d46c3e825fce5215a0259d3426a5c49455c
function: WithdrawReserve()
from "prizePool": 0xc2a7Dfb76E93d12a1bB1Fa151b9900158090395d
to: 0x42cd8312d2bce04277dd5161832460e95b24262e
Withdraw COMP from V3 Reserve
Contract: 0xd1797d46c3e825fce5215a0259d3426a5c49455c
function: WithdrawReserve()
from "prizePool": 0xbc82221e131c082336cf698f0ca3ebd18afd4ce7
to: 0x42cd8312d2bce04277dd5161832460e95b24262e
Send 856.37 UNI from Governance Timelock to TWG Multisig
Contract: 0x1f9840a85d5aF5bf1D1762F925BDADdC4201F984
function: transfer()
from: 0x42cd8312d2bce04277dd5161832460e95b24262e
to: 0xB74659A1011F6DCA3BA6F6e22a71bA8f414F36A1
amount: 856372424846341926258
Send 3,284.53 SUSHI from Governance Timelock to TWG Multisig
Contract: 0x6B3595068778DD592e39A122f4f5a5cF09C90fE2
function: transfer()
from: 0x42cd8312d2bce04277dd5161832460e95b24262e
to: 0xB74659A1011F6DCA3BA6F6e22a71bA8f414F36A1
amount: 3284532343089035803483
Send 122.03 BADGER from Governance Timelock to TWG Multisig
Contract: 0x3472A5A71965499acd81997a54BBA8D852C6E53d
function: transfer()
from: 0x42cd8312d2bce04277dd5161832460e95b24262e
to: 0xB74659A1011F6DCA3BA6F6e22a71bA8f414F36A1
amount: 122038867515372212081
Send COMP from Governance Timelock to TWG Multisig
Contract: 0xc00e94Cb662C3520282E6f5717214004A7f26888
function: transfer()
from: 0x42cd8312d2bce04277dd5161832460e95b24262e
to: 0xB74659A1011F6DCA3BA6F6e22a71bA8f414F36A1
amount: 281600941575265376483
Send 41,257.89 TRIBE from Governance Timelock to TWG Multisig
Contract: 0xc7283b66Eb1EB5FB86327f08e1B5816b0720212B
function: transfer()
from: 0x42cd8312d2bce04277dd5161832460e95b24262e
to: 0xB74659A1011F6DCA3BA6F6e22a71bA8f414F36A1
amount: 41257897178145893659381
Send GAL from Governance Timelock to TWG Multisig
Contract: 0x5fAa989Af96Af85384b8a938c2EdE4A7378D9875
Function: transfer()
From: 0x42cd8312d2bce04277dd5161832460e95b24262e
To: 0xB74659A1011F6DCA3BA6F6e22a71bA8f414F36A1
Amount: 1500000000000000000000
Off-chain transactions to be performed in PTIP-77 from TWG:
Approve UNI
Approve SUSHI
Approve BADGER
Approve COMP
Approve TRIBE
Sell UNI for ETH
Sell SUSHI for ETH
Sell BADGER for ETH
Sell COMP for ETH
Sell TRIBE for ETH
Sell GAL for ETH
Send ETH to Governance Timelock