In support of this proposal. Thank you for bringing it forward, @notsoformal. Since this proposal was brought up, today the Treasury Council, as agreed with @kpk, has revoked the TWAP order for selling COW tokens (held outside BIP-770) that was put in place last week.
It would be fair to CoW DAO that we revert the deal, and to honor our partnership for so many years, that we accept this offer. There’s also a marginal gain for the redeemed portion since BAL is trading currently below NAV, and the remaing purchase in ETH will carry the market upside mentioned by @Fernando in the winddown proposal.
The total amount of COW tokens held can be verified in the Treasury.