De-merger with Parcel, Compound Launches Treasury Account, Uniswap's larger grant program, etc...
🌈 Hey MultiSafers,
This week we got vaporised in planning and doing research for the next steps in MultiSafe, so would love to share with you all. ✨
On completion of our One Month, we want to thank all our community members and supporters for showering your love on MultiSafe. Started building the community around MultiSafe being clueless about the response and had no idea how much time it will take.
And we are glad that the response is positive so far. ❤️❤️
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 announced our de-merger with Parcel to all our community members.
The main purpose was to share the details about the de-merger and along with our respective approaches. So, this could be the best way out plus both the companies will be working as different entities and roadmaps will be shared in the respective channels.
MultiSafe will be available on Unstoppable Domains soon 👏
Reconciliation of Transaction History similar to XERO 🙌
MultiSafe Lite paper 📝
Case Studies of MultiSafe users 🎉
🔥 What’s new in crypto Treasury
👉 UNI’s larger Grant Program Construct -
Effective oversight of how to deploy larger tranches of capital as it’s critical to design a structure that enables focusing both on ROI vs how the funds will be managed.
The perfect scenario can be enabling the grant program to define a process that deploys Uniswap grants within the Uniswap ecosystem with defined outcomes like produce yield, monitor process, and governance process.
Flipside requests a $25M grant to produce Community enabled analytics for Uniswap. This not only enables a free analytic solution to protocol community members in this UNI is directly given to the builders and users of protocol, even incentivising those who have spent their time understanding and working on Uniswap.
An overview of how community enabled analytics work:
Proposed Strategy -
100% of the grant will be deposited into the WETH-UNI .3% pool, which will be actively managed to an 80%-20% UNI: ETH ratio.
If an 80:20 ratio is maintained there will be rebalancing in position, the impact to UNI would be net 0 within 1 year. These simulations will get a yield of 30% estimated from this position.
Yield management and bounty distributions (to the contributors) will be reported via regularly updating dashboard - and Flipside will disclose to the wallet address used to manage the liquidity for WETH-UNI
A foundation will be established for effective oversight of the funds. The Foundation will evaluate the best use of the funds for the ecosystem and decide to apply the grant to other projects.
Click here to read the full proposal with detailed explanation about how Community enabled analytics is getting implemented.
👉 Compound Treasury for Businesses & Institutions
Compound Finance launches "Compound Treasury".
A gateway to access DeFi for businesses (non-crypto native) and financial institutions(U.S centric).
An amazing leap redefining the Future of Fintech. Key benefits for the users -
High-Interest Yield (powered by USDC)
Read more about it.
👉 Protect UNI treasury using KPI options
In order to manage systematic risk and volatility for the long-term success of community treasury, the Uniswap governance treasury will be diversified by using UMA’s KPI options.
These KPI options will create a win for treasury, a win for protocol, and a win for the stakeholders
KPI options will be minted and sold in stablecoins via Gnosis auction or any other means.
The sale can be beneficial in treasury funding in stablecoins which can be further used to create a secondary market for KPI options by using Uniswap’s AMM pools.
At expiry, all KPI options could be settled in stablecoins withdrawn from LP positions.
Treasury has now stablecoins (WIN) - UNI stakeholders have the incentive to increase TVL (WIN) - Stablecoins are the stepping stone of long-term success for UNI protocol (WIN)
Read more in detail about the KPI options.
Good Reads 🕮 😀
👉 SushiHOUSE - A treasury management proposal
👉 Yam DAO House - A treasury management solution designed for DAOs
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!
MultiSafe aims to simplify crypto treasury management for Companies & DAOs - built using Gnosis Safe, IPFS & Filecoin.
Stay connected. Stay Awesome 🤘