Since this thread and the polls in it were posted, a lot of price action has happened as we seem to have entered a bear market. Some people may argue that right now is not the best time to sell any tokens given that the price has been significantly reduced. Others might think that regardless of the timing, some of the tokens should be sold to get other “safer” options such as ETH or USDC. In fact, there are different opinions amongst the TWG regarding this matter.
Do you think that we should still sell some of the Treasury assets in spite of the recent price action?
- Yes, sell the voted assets (COMP, UNI, SUSHI and BADGER).
- No, hold every asset for now.
0 voters
In a 7 days period, based on the results from this poll, these are the actions that will be proposed in a PTIP (these actions are taking into account the previous polls on this post):
A. We decide to sell assets regardles of recent price action
Sell:
UNI (for ETH)
SUSHI (for ETH)
BADGER (for ETH)
COMP (for USDC) → The USDC obtained would be deposited in V4
Stake:
MATIC
AAVE
AVAX
Hold:
GTC
TRIBE (staking is no longer possible because the rewards have been discontinued)
B. We decide to hold the assets for now
Stake:
SUSHI
MATIC
AAVE
AVAX
Hold:
GTC
TRIBE (staking is no longer possible because the rewards have been discontinued)
BADGER
COMP
UNI
We’d like to hear everybody’s comments on this topic, so we invite you to express your opinions/concerns. Ideally, in the next days we should get ready to post the PTIP to manage these assets.