Thank you for the analysis.
What is the cc for the last 3 months rather than from the beginning of the GTC release? I do think GTC price had its own trend immediately after the release then become more correlated as the price starbilised.
I do think the stable coin (or something like RAI/OHM) is better from treasury diversification point of view so probably better to leave “treasury diversification” from the reason of doing so.
Maybe @HelloShreyas can comment more on these points?
I personally feel that this is similar to $OneGTC proposal.
It is an innovative idea but maybe a bit too early to talk about.