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Gearbox · closed proposal

[GIP-263] Treasury Rebalance

0xf3D4…d89E·ended 9mo ago·Discussion ↗
Voters
17
GEAR voted
266.39M
Token price

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Voting results

Quorum
266.39M / 200.00M GEAR(133%)
✓ Quorum met
For266.39M (100.0%)
Against0 (0.0%)
Abstain0 (0.0%)
266.39M GEAR · 17 votersblock 23531401

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Full proposal

Original markdown · Gearbox

Author: nikitakle

Summary

This proposal suggests rebalancing the DAO treasury by swapping one-third of its ETH holdings (≈213.6 ETH) into USDC. At the moment, ETH represents the majority of the DAO’s assets. To ensure sustainable growth and predictable operational funding, the treasury should increase its share of stable assets.

Current Gearbox DAO treasury composition:

  • ETH: $3.11M
  • Stablecoins: $696.3K
  • BTC: $413K

Assuming the current ETH price of $4,444, the sale of ~213.6 ETH would yield approximately $950,000 USDC. After this rebalancing, the treasury will maintain a healthier…

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