# IIP-142: Transfer USDC from Treasury to the Investment Account **URL:** \ **Category:** Proposal\ **Tags:** IIP\ **Created:** [13 March 2022 19:03 UTC](https://gov.indexcoop.com/t/iip-142-transfer-usdc-from-treasury-to-the-investment-account/4005 "2022-03-13T19:03:13Z")\ **Posts on this page:** 1\ **Showing post:** 8
**Author:** ![mel.eth](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.indexcoop.com/mel.eth/32/3539_2.png) [@mel.eth](https://gov.indexcoop.com/u/mel.eth)\ **Post date:** [16 March 2022 16:33 UTC](https://gov.indexcoop.com/t/iip-142-transfer-usdc-from-treasury-to-the-investment-account/4005/8 "2022-03-16T16:33:49Z")
gm @Matthew_Graham, I’d like to address your statement and question here in hopes that you’re able to give more focused insight in a more appropriate setting once there is some more context: > [@Matthew\_Graham](#): > > I was under the impression we were moving away from gate keeping and towards a github defined process which moves the whitelist gate keeper system towards something in line with the leading DAOs of DeFi. We’re considering different approaches, but as it stands we are off-chain. While the proposal process is _facilitated_ it is not permissioned or gated: anyone can propose within the guidelines established [here](https://docs.indexcoop.com/governance/index-improvement-proposals-iips) and that proposal will be addressed according to those guidelines. We seek to make this process as smooth as possible, are reducing centralization/increasing resilience in the short-term, and are working toward better automation in the way I think you’re describing (maybe INDEX token-holder-gated, fully-automated). While we see the value in abstracting away the turking element of facilitating Index Improvement, the proposal editorial process is considered valuable and we’re looking toward automating that as well. I understand and share your desire to automate; we’re looking at the most responsible ways to go from what we have to a more automated process and your feedback is welcome. > [@Matthew\_Graham](#): > > Do you now when @Finance.Nest can follow an online process ? We submit proposals on many DAOs without training and had no issues. It not like one needs a degree to perform these administrative like tasks. Finance Nest contributors can follow the process [here](https://www.notion.so/index-coop/c62741fd18414b62aed0ae97bb9f319b?v=e801e8bc76fc4703aea4b8e4e091505f) as this is the most up-to-date asset on the status of IIPs at all times. Note that until a proposer requests review and IIP number assignment proposals are not tracked as prior to that they are considered discussions around proposed ideas and tracking of such can be done by reviewing the **[Leadership and Governance → Proposals](https://gov.indexcoop.com/c/leadership-governance/proposal/44)** category of this forum as that is the tag that proposals are categorized under, given that this forum has been [expanded to a DAO resource](https://gov.indexcoop.com/t/request-for-feedback-core-tooling-redesign/3494). Thanks for the feedback and call-out here. While it’s hard to admit that we’re not where we’d like to be, we’re moving efficiently in the direction you describe while maintaining the robust and trusted processes we have in place. All that said, if there is anything that in your view presents a blocker to Finance in a governance-sense please ping the Governance Nest Rep (currently myself; yourself listed as Finance Nest Rep) in the #nest-relations channel and I will pick it up asap. If you find that you personally are having challenges running IIPs please reach out to schedule some time with @sixtykeys or myself for assistance or to provide focused feedback on upgrades that you would find useful. Thanks. --- _[View the full topic](https://gov.indexcoop.com/t/iip-142-transfer-usdc-from-treasury-to-the-investment-account/4005)._