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EWG Proposal 1: Authorize exchange of PHONON for stable coins
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Background:
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Calculating budgets is difficult when almost the entire treasury fluctuates in value. The Economics Working Group recommends the DAO build a reserve of stablecoins to use for payouts, which will allow the DAO to better understand its spending outlook.

Details:
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The DAO authorizes the Economics Working Group to arrange favorable private exchanges of $PHONON token in order to raise the DAO stablecoin reserve up to a maximum of $500,000.

The authorization will last until the DAO has received a total of $500,000 in stablecoin through $PHONON token exchanges, or until the Economics Working Group chooses to relinquish it.