Thanks for putting together the proposal. I really appreciate the sharing of ideas and ways to make Gitcoin better. I shared my thoughts on this in the prior proposal discussion but wanted to follow up here too.
I spent a lot more time thinking about this proposal given how many great people are involved and supporting this but I still don’t think it makes sense to create a separate stablecoin for Gitcoin at this stage. There are many other stablecoins that the community can use right now and it can become a potentially complicated, distracting process to make sure this is successful. If one of the objectives is to reduce market selling of GTC, then it might be worth also thinking through if there are other ways to achieve the same objective like staking. While I’m voting no on this proposal, I am fully supportive of experimentation if the community votes otherwise.