It seems like a great idea at first blush and hopefully precedent-setting as you suggest.
A few quick questions:
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How would it help each project focus more on its core strategy? Specifics here could include what, if any, projects currently being undertaken by GitCoin or Radicle would instead use software being built by the other entity? This may be a question better posed to the work streams of each DAO. To be blunt - would it help either DAO save otherwise budgeted or at least anticipated costs (bear market talk I know…)?
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Does this help create more “utility” in a sense for GTC in that GitCoin would have some governance input into Radicle and vise versa? This could be a digression however if you have a strategy you are executing to improve GTC utility, could you put this partnership into that context?
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Did you decide not to mention diversification of treasury as a benefit because so far tokens are highly correlated? I suppose also holding for 2+ years suggests the tokens won’t be able to be used directly in case of a further collapse in treasury values?
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Other than the swap of the treasury tokens - are there any financial impacts anticipated? For example, would there be a budget for committee members or is that relatively speaking immaterial?
Thank you for all the work that you and the teams must have put in thus far!