ETHPoW Execution, Allocation Discussion | Next Steps

Thanks @GordonGekko for raising this and your extra comments on last weeks call.

I see your perspective here, though I do have a different view on the risk involved, and in general believe the risk is relatively low. Of course, I’m not a lawyer, so am by no means an expert and would really appreciate any further comments from the community on this aspect.

One reasonable approach is to include a minimum $ value that we’d be happy taking this risk for. eg if the ETHPoW is worth less than $1m don’t bother selling it. This probably makes sense on a few fronts anyway.

@Gauthier my view of the comments on funds usage appears to be roughly split between
a) 50% wNXM for Community Fund and 50% DAI for Capital Pool
b) 100% wNXM for Community Fund

Given the quite heavy weighting towards wNXM, it’s probably easier to just do 100% wNXM for Community Fund, so I’d lean towards that option.

@BraveNewDeFi will leave you to coordinate with @Gauthier on next steps.

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