RE: Convert BUSD DAO holdings into DEC-DAI LP

[digital-wisdom]

I think that the best option BY FAR would be to USE BUSD to buy HBD and stake it for 20%.

It gets us out of BUSD, helps the HIVE community (us again) and makes the DAO a profit (us again).

Comments

[mangowambo]

HBD, would surly be another option. I mentioned this in an other comment:

And maybe as last point it could make sense to not be relaiend on one ecosystem. If something happens to HBD, we/ the DAO would be happy to be a little diversified. (This is my opinion surely some would disagree)

If this not pass i would be happy if someone would propose use the funds for HBD an stake it or something else and see if we get enough support. but i personally would vote against it because HBD has not that much liquidity, try to cash out 100k without a big price impact. And furthermore, the diversification would be for me the most important point.