Aurelia DAO votes to move a fictional $40M treasury into a diversified reserve after a bruising debate

The Aurelia DAO, a fictional lending protocol used throughout this demo, closed its most contested vote to date on Tuesday. Proposal AIP-61 passed with 58% support and instructs the treasury council to convert roughly a third of a fictional $40 million treasury — currently held almost entirely in the protocol’s own token — into a basket of stablecoins and staked ether over the next ninety days.

Why the vote was close

Supporters argued that a treasury denominated in one volatile asset cannot fund a multi-year roadmap. Opponents said selling the token through public venues would signal weakness and depress the price that the remaining two-thirds depends on. The compromise that finally passed uses a time-weighted schedule and an over-the-counter desk so no single sale hits the order book.

“A treasury that falls 60% in a bad quarter is not a treasury, it is a bet,” wrote the proposal’s author in the final forum thread.

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Turnout and delegation

Turnout reached 31% of circulating supply, the highest in Aurelia’s history, but most of that weight came through eleven delegates. Three delegates who switched from abstain to yes in the final day decided the outcome, a pattern our DAOs desk has seen in other close votes.

What happens next

• The council publishes a conversion schedule and a named execution venue within two weeks.
• A follow-up proposal would cap the native-token share of the treasury at 50% permanently.
• Delegates who voted no have asked for a quarterly treasury report, which the council has agreed to.

For the governance mechanics behind delegated voting, see our explainer on Quadratic voting and the broader governance coverage in Meadow Collective tests quadratic voting on a fictional grants round, and whales lose their edge. All figures are illustrative.

Demo content This illustrative article was created by the CN Media Demo Studio ("Blockverse" demo). Names, figures, projects and events are fictional and are not reporting, market data or investment advice.