[Temp Check] Swap Portion of Treasury USDC to DAI

[estmcmxci]

@monet-supply

Similar to RAI, I think it could be a valuable addition to DAO stablecoin reserves but is not a scalable close substitute for liquid stablecoins like USDC or DAI.

Sounds like you are considering a series of swaps, rather than just one single swap (USDC > DAI).

@santinomics.eth

By using DAI and MakerDAO, the ENS DAO can take advantage of their battle-tested track record in the market and achieve a decentralized approach that can help mitigate risks associated with centralized stablecoins.

Yes sure, I think it could be healthy to have further discussions on this once the [EP3.4] [Executable] Fund the Endowment (first tranche) moves forward (if/when it does).