View All Medium SpenderinMedium Spender
Beneficiary:(183.33K USDC)
Requested:183.33K USDC
Executed
Untitled Post
16Zwo...bmXja
a year ago
16Zwo...bmXja
This is a ReferendumV2 post. It can only be edited by the proposer of the post .
Comments (2)
Proposal Passed
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of 3Summary
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Aye (45)0.0 DOT
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Nay (17)0.0 DOT
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14btq...jHUVS
Converting a portion of the funds to a stablecoin upon receipt could have mitigated this risk, especially considering ongoing operational costs like employee salaries etc. A more careful fund management could have potentially avoided or minimized this situation.
I don't understand why such standard practices for risk management are not being followed.
14btq...jHUVS
@Matjaz apologies for the oversight! I appreciate the response and this is indeed a genuince case for top-up. Cheers! on the good work :)