[PASSED] - SGTM 001: Converting $5M GTC to Stables

1st thought: robust proposal, I generally support this course of action.

Have you considered $2.5m into stables (ideally generating some yield) and $2.5m into more liquid and less volatile crypto assets like BTC?

GTC is listed on Coinbase but it is Binance that is responsible for 50% of the overal volume, screenshot from Coingecko:

I know too little about Gitcoin legal structure and availability of the Binance in the US.

Not sure if I should comment here or the orginal thread (or both): [TEMP CHECK] SGTM 000 - Treasury Management Strategy for Gitcoin - V1

4 Likes