Not sure anyone can write anything about our financial situation without pointing directly at the latest (Q1/24) financial disclosures. So, let me do the honors Ape Foundation Transparency Report - 2024 - Q1
As to this idea, I don’t see how it would have any meaningful impact. A $10M token sale is as immaterial to our current situation as applying a bandaid on a leg fracture. We might as well just sell the monthly $7M token unlocks going forward and hold those in USDC.
Also, as per that Q1/24 report PDF, we had about 42K USDC and 235K USD. And so, saying " The treasury is held 100% in our native token $ape" isn’t accurate.