# Transmutation #3

### Timing
- Initiate this week (w/o 8/15)

### Parameters
- **Transmutation ratio**: 0.005 ETH per HAUS
- **ETH out**: 247.1988 (unless there are additonal ragequits)
- **HAUS in**: 49,439.76 (unless there are additional ragequits)

### Communication Plan
- Post document in the #cco3 channel tomorrow
- Also link to note in the on-chain proposal, to submit Thursday

#### Note Contents

https://hackmd.io/shHSWZLaTLGwRaRH2C6IWQ