We currently have 21m USD worth of SUSHI tokens in our 2 treasury multisig.
We have the Cover proposal currently being voted weather this pass or not.
I think diversifying our holdings will be key in the future.
I propose to sell 1m USD worth of SUSHI into Stablecoins (DAI or USDC)
The majority will be used to buy a brand new domain name and provide coverage to Sushiswap via Cover Protocol.
2 options would be readily available
Use Sushiswap with our current liquidity in the SUSHI/ETH this will create an impact of -1.2% on the price. (which is nothing…)
Sell OTC to a supportive Crypto Fund that is willing to buy at 1.305$/SUSHI between 500k to 1m worth USD (no impact on the market price)
Propose something or a mix of both.
- OTC - Crypto Fund
- No, other options.