🌈 Hey MultiSafers,

We’re extremely elated to share with you all that MultiSafe has completed it’s One Month and we’ve thought of sharing every achievement with our community members whether big or small.

So, This week we’ve got you Numbers . Yes, Numbers 📈💬

1. Assets Imported - $48M ✅

2. Payouts - $3.6M ✅

And…

67 users onboarded ( 35 companies & 32 DAOs ) ✅

• Safes imported - 32 ✅

• New safes created - 45 ✅

That’s not it…. We’ll be growing more and would keep everyone updated with these Numbers. 🌟 😁

Thanks for all your trust and love. ❤️❤️

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. ✌️

🔥 This week in MultiSafe

We always consider what our users want. And this time we found out that ‘Automated Accounting’ was something that is required by our users. After connecting with most of the users we concluded that what all can be added -

1. Classification of transactions - Users will be able to classify the transactions so that they have the consolidated data of the transactions.

2. Reconciliation - Users can make sure accounts in the general ledger are consistent, accurate, and complete..

Initially, we considered integrating with the already existing accounting softwares in the market but the users wanted it as an in-built feature. So finally, this will be included as an Upcoming New Feature of MultiSafe.

Benefits - In saving time and resources.

If you have any suggestions or inputs on Automated Accounting.

Please reach out to us at our Discord Channel

🔥 What’s new in crypto Treasury

👉 UniSwap is providing $25M grant to Flipside

UniSwap will finally provide the grant of $25M to Flipside in which 100% of grant will be deposited into WETH-UNI actively managed with the ETH-UNI ratio of 80%-20%.

The funds will be used to -

1. Educate the community and drive growth'

2. Provide UNI via bounties to the participants (these include developers, analysts)

3. Using UniSwap’s own yield mechanism to self-fund the program.

Oversight of how CEA works -

1. In CEA, Treasury tokens are utilised as a grant to fund analysts.

2. Flipside Data platform will be a real-time data enabler for the Data layer that will provide Txn. data to analysts so that they can further generate outcomes out of it.

   Along with data, it will even provide

   • A Product that can fulfil community needs,

   • The Community can bring together the analysts on discord and Telegram and 

   • Analysts are responsible for query-writing and creating a full suite of solutions.

3. Data Layer - The main dashboard where users can read contracts and make changes to them in order to get the best outcome out of it.
   Note -A dashboard will be maintained by Flipside that will be helpful while distributing bounties as the Analysts with the best outcomes should be rewarded attracting other best analysts into this activity

Full transparency will be maintained in fund performance and transaction activities. All this will be live broadcasted via a custom dashboard for the UniSwap Community.

Click here to read more about it.

👉 PieDAO - Treasury Farming Initialisation

The proposal focuses on suggesting PieDAO different ways of allocating and utilising their treasury funds. The goals includes -

1. Diversification of funds by allocating them into more stable ones so that the operations can be continued in the bear market.

2. Positive Cashflows as the returns on Treasury farming and protocol should exceed the cost of operations.

3. Perpetuity as the condition should be created which enables DAO to operate forever.

Click here to read the full proposal.

👉 Cream Finance to provide grant to Coordinape

Coordinape will receive a grant of $50,000 $USDC from the CREAM Treasury.

This will help them scale their offerings and continue working closely to fulfill the needs of C.R.E.A.M. Finance. As of now C.R.E.A.M. Finance is using Coordinape for the payouts to all non-core team members.

Click here to read the full proposal.

👉 Bankless DAO - Season 1 considerations

11M $BANK will be transfered to the Grants Treasury for Season 1 on July 1st after the Snapshot election is closed. Season 1 will be Two month long program with an option to be extended one month. The funds will be utilised as -

• 5M $BANK allocated for projects.

• 5M $BANK allocated for Guilds (13 guilds = 384,600 BANK tokens)

  • Not all guilds need to accept full funding. They can claim a smaller amount should they choose. The remaining amount will go back to the Grants Treasury.

• 1M $BANK allocated for contributor rewards.

Flow chart of how projects will be funded

Special Handling for Season 1

The collective objective is aligned towards -

• Onboard Project MVP

• Generate multiple revenue streams

Click here to read more.

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 🤘

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• Discord

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