# \[ARFC\] Treasury Management - Convert DAO awETH Holdings to Liquid Staking Tokens **URL:** \ **Category:** Governance\ **Created:** [May 12, 2023, 8:59am UTC](https://governance.aave.com/t/arfc-treasury-management-convert-dao-aweth-holdings-to-liquid-staking-tokens/13062 "2023-05-12T08:59:01Z")\ **Posts on this page:** 1\ **Showing post:** 7
**Author:** ![Llamaxyz](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/llamaxyz/32/2044_2.png) [@Llamaxyz](https://governance.aave.com/u/Llamaxyz)\ **Post date:** [May 12, 2023, 12:23pm UTC](https://governance.aave.com/t/arfc-treasury-management-convert-dao-aweth-holdings-to-liquid-staking-tokens/13062/7 "2023-05-12T12:23:07Z")
Hi @MarcZeller, We are currently close to delivering a solution for Aave to gain the ability to acquire assets safely, that has been rigorous tested and peer review by both @bgdlabs and Cowswap teams. This has been the accumulations of several months work. The path to this point has been complex and time consuming, however we are nearing completion of this work. Hopefully ACI shows support for a very similar strategy on Snapshot next week. Given the schedule of the above work nearing completion, we are intending to move three governance proposals through Snapshot with voting starting Monday. Our AIP target is late next week pending successful Snapshot vote. - Consolidation of Collector Contract assets with the goal of securing Service Provider runway capacity - Migrate funds from v2 to v3 and acquire wstETH & rETH (Allocation 1 through 6 in the portfolio) - Acquire BB-A-USD split across depositing directly into Balancer’s gauge and Aura’s contract (Allocation 7 and 8 in the portfolio) ![image](https://europe1.discourse-cdn.com/flex013/uploads/aave/original/2X/7/7b4f0c4b8439a6badde5a9381ac3993915e05f17.png) > [@\[ARFC\] Deploy Ethereum Collector Contract](https://governance.aave.com/t/arfc-deploy-ethereum-collector-contract/12205/3): > > Hi Everyone wave After several months of working with the Cowswap and @bgdlabs team, we are now close to being able to acquire B-80BAL-20WETH, other BPTs and LSTs. With this functionality almost ready, we are now seeking to progress this proposal. We will be presenting several proposals on Snapshot, starting Monday 15th May 2023. Consolidation of Collector Contract assets with the goal of securing Service Provider runway capacity Migrate funds from v2 to v3 and acquire wstETH & rETH (Alloca… --- _[View the full topic](https://governance.aave.com/t/arfc-treasury-management-convert-dao-aweth-holdings-to-liquid-staking-tokens/13062)._