Summary Sell 50% of Hop DAO’s ARB holdings (837,007 ARB) for USDC. This should raise approximately $686k for Hop DAO at current prices (~$0.82). Motivation Hop DAO will need stablecoins to cover ongoing expenses. This sale would be an initial step toward the broader goal of treasury diversification. Execution Before an onchain vote, a deployment of the Hop Community Multisig should be deployed on Arbitrum. The onchain execution of the proposal will send a message through the Arbitrum...
Starts
September 29, 2023
Ends
October 4, 2023
Ended
category_key changed
none → treasury
Jan 22, 2026, 5:45 PM
Item created
Sep 29, 2023, 6:08 PM