Update 22-Apr-2024
Stonks development has completed and is now deployed.
The TMC multisig will execute two tests:
- 17 stETH to DAI
- EasyTrack motion to fill 17 stETH to the Stonks stETH → DAI contract address
- Stonks execution to follow if the motion is approved
- 150 stETH to DAI
- Will first file an EasyTrack motion, followed by execution
As a reminder, this pipeline is fully non-custodial (assets always revert to Aragon Agent) and subject to multiple levels of LDO token holder oversight, who can veto EasyTrack funding motions to trigger Stonks and who are in control of the Aragon Agent anyway.
At first, the TMC multisig will be in charge of executing these motions to swap. However, the setup is primed to allow a permissionless Keeper to trigger these swaps provided thresholds are met for minimum stablecoin balances on Aragon.
Researching this execution is the object of TMC-2, approved by the TMC through off-chain voting.
Stonks contracts are all open source and available under an MIT license for any DAO that wishes to create minimalistic treasury swap setups without the need for a third-party manager or complex setups with SAFE multisigs that take custody of assets.