Convert 460.9 axlDAI from the Juno Community Pool into USDC via Injective and return the proceeds to the Community Pool, following the approach of proposal #382.
With DAI liquidity becoming thinner, the objective is to consolidate these funds into a more accessible stablecoin and reduce dependence on limited DAI trading routes.
This proposal transfers 460.9 axlDAI to Dimi at: juno14juhdqftm8zd9n9pv4shjf92jzrm8ey4422jky
Dimi is authorized to:
No compensation or personal allocation is authorized. Any unconverted funds must also be returned to the Community Pool.
The on-chain action transfers the specified axlDAI amount after an accepted vote. Dimi performs the conversion and return separately; these subsequent steps are not automated by this proposal.
This proposal was created on cosmoot.com.