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MultiSafe Weekly
$4.12M in payouts, $58M assets imported & Newsflash, AAVE treasury dashboard by Llama, Olympus DAO proposal to add ETH bonds.
🌈 Hey MultiSafers,
We’re resilient towards an attitude and a system that works even when things don’t turn out the way we planned. Especially hiring.
So instead of getting the perfect one. We’re looking for the one with the right attitude and skillset.
P.S - Check the Newsflash and do share the Job post.
Latest MultiSafe Stats
Total Users - 91
Payouts - $4.12M ✅
Total assets - $58 Million ✅
How about sharing the newsletter with your peers or the ones you find would be interested.
Do you know - We spend a lot of time creating the best Treasury management software. And our driving force is your feedback. So reach out to us at - Discord Channel
Every response will be read. ✌️
💎 NEWSFLASH! MultiSafe is hiring
We’re searching for the perfect candidate.
There is no "perfect" candidate. If you have someone with the right attitude and skillset and they fit in with the team then
DM at tarun@multisafe.finance
Apply here - https://cryptocurrencyjobs.co/startups/multisafe/
🔥 This week in MultiSafe
🙌 Development
We are continuing our development for adding/removing & swapping owners. After fixing a lot of bugs, we are working on making the data backward compatible i.e the new owners should be able to see the old owner name for the past transactions.
🙌 Bug Fixes
Previously our system is calculating the sablier protocol withdrawals from the multisig as an outgoing transaction. This issue has been suspected by the Boardroom team and which is resulting in showing the ShapeShift treasury income and expenses incorrect. We have pushed the release asap we got to know the issue.
🔥 What’s new in crypto Treasury
👉 Aave treasury Analytics dashboard by Llama
A go-to dashboard that can help users to keep a check on Aave’s treasury balances and growth, revenue and expenses, token holdings, and see where the funds are coming from/ going to.
aTokens make Treasuries productive as
Aave’s Ethereum Reserve earned $41k in interest between May 4th - Aug 1st.
Ethereum Reserve has earned ~$25k in AAVE tokens
Dashboard link - https://duneanalytics.com/llama/Aave-Treasury-Finances-by-Llama
Click here to track the latest updates on the proposal.
👉 Olympus DAO proposed to add ETH bonds to their Treasury
Olympus DAO proposed to add both BTC and ETH to their treasury. And the community voting was in favor of adding ETH to the treasury.
P.S - ETH bonds are a way of accumulating more ETH to the treasury.
For BTC -
For ETH -
An overview of the proposal
Name of the proposed bond - ETH bonds
Target 5% of Treasury risk-free value (RFV) being ETH
Example: If Treasury RFV is 19 million, we would aim to accumulate $950,000 of ETH
Time-period to reach the target is 45-60 days
ETH would be assigned as a risk-free value of 0, meaning OHM won’t mint against it.
Click here to read more about the proposal.
If you’ve got thoughts on what should be discussed or any other feedback. Join us at our - Discord Channel
👋 👀 See ya’ll next week!
About MultiSafe
MultiSafe aims to simplify crypto treasury management for Companies & DAOs - built using Gnosis Safe, IPFS & Filecoin.
Stay connected. Stay Awesome 🤘