Sounds like a good plan. I'd love to have it in multiple steps at higher price points as well to have it approved in advance.
Out of 296.31 ETH, We should at least convert 100~150 ETH over various price targets.
Simple could be:
- 50 ETH at 5000 or above
- 50 ETH at 7000 or above
- 50 ETH at 9000 or above
or other way is to put it in a liquidity pool where it auto sells as price goes up and DAO earns a yield, that way it's a DCA out strategy, and we can pull out 30% of liquidity in stables at 5K price, 30% at 7K, 20% at 8.5K and last 20% at 10K ETH.
I like the simple one... but we should plan out multiple price targets instead of single one.
To further clarify, we won't be dumping 50 ETH in one transaction but it can be multiple trasnaction as staed in orginal proposal.
We should still plan out multiple price points so we can sell and any time if it need to be reverted a proposal can be put up by anyone that can skip pre-proposal stage, so it takes only 7 days to process the stoping of it.