We will need to complete the migration of the remaining IDO funds in our Realm
Our current USDC treasury is a legacy token account on Realms and does not support some of the new instructions such as the Solana Saga mobile proposal purchase proposal we would like to put forward. A new governance for the USDC will be based on a ATA of the SOL treasury created. This does create an additional SOL account in the UI and might appear clunky, but we will be able to label the accounts for easier readability.
2. Grape Proposal Overview:
The existing USDC treasury account 3a7iE5MLi9RhPrhSrH64KP744DTvaZRiphnbfy2FtUmz governance GwW1LcJeUsHADSU1FkrVAAH9i8fxtWgj2eSnjaL2yEtR will be migrated to a new account will be shared bellow once its created.
Proposal 1. Alter parameters on existing 3a7iE5MLi9RhPrhSrH64KP744DTvaZRiphnbfy2FtUmz governance to accept IDO funds migration.
Proposal 2. Create new governance treasury (SOL + USDC)
Proposal 3. Transfer existing USDC from 3a7iE5MLi9RhPrhSrH64KP744DTvaZRiphnbfy2FtUmz to new USDC ATA account.