wUSDT and wUSDC in the treasury?
PROs ✅
- WAVES is not a wrapped token and is the most liquid one on the Waves blockchain
- purchased WAVES will be leased to earn native 10% APY
- purchased WAVES can be swapped to the stables provided by the new gateways (will be another voting)
CONs ❌
- purchase price will be around 4.20 wUSDT/wUSDC because wrapped tokens are currently depegged on Waves
If this proposal passes, accumulation will be proceeded slowly within 2-3 days. Otherwise, everything will remain as it is, no exchanges will take place in the treasury.
Voting will be active for 24 hours, there will be a quorum of 100,000 PLUTO.
How much left?
some minor part.. 10K wUSDT/C. waiting for a good sell wall 🙂
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