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#custodial-treasury-managementApprovedEnacted

#14 Proposal: Issue over-collateralized bond to raise 50,000 USDC

Transfers

#0

From: Nation3 DAO Agent

To: 0x7fFf737ae9FdDD6E28Fe8B8F0F4dE69Bb8e7a885

Token:

NATION

Amount: 150

Winning choices

Approve

Discussion

Background Given the current market circumstances, it’s not ideal to sell $NATION. Even more so knowing that GSR became the official $NATION market maker and might start work on increasing market liquidity soon. In other words, it would seem that the DAO selling $NATION should be postponed until a further price and liquidity increase. But in the meantime, there are multiple proposals that have passed and are denominated in USDC. Those commitments currently amount to 90k USDC over the next few ...

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