Simple Summary This proposal seeks to swap DeFi tokens held in the Derive DAO treasury for USDC and allocate the proceeds to increase weekly $DRV token buybacks. Additionally, it includes the return to Derive DAO treasury of legacy unclaimed rewards from Lyra on Optimism and Arbitrum. # Abstract This proposal aims to sell DeFi tokens held in the Derive DAO treasury and convert them into USDC. The resulting USDC will be used to augment the weekly $DRV buybacks, which have been conducted...
Starts
May 2, 2025
Ends
May 5, 2025
Ended
Timeline of changes to this governance item
category_key changed
none → treasury
Mar 7, 2026, 9:36 AM
Item created
May 2, 2025, 3:54 AM