I’m not a financial man, so I can’t calculate the precise consequences of conversion, but as explained the proposal seems like a sound idea.

I do however have a question about the choice to convert ETH and HIVE:
Regarding ETH, wouldn’t it be prudent for the DAO to keep some ETH as a less volatile reserve?
Regarding HIVE, wouldn’t selling HIVE put pressure on the stability of the chain we’ve built SPL on?