Treasury House
Treasury House
$ 1.3 Billion total assets and $38.2 million in payouts, E2 Summit Invite, Treasury Proposals & Good reads...
Growth Numbers 👀
Latest Coinshift Stats
Total Users - 278
Payouts - $ 38.2 M ✅
Total assets - $ 1.3 Billion ✅
We spend a lot of time creating our Treasury management platform & this Newsletter so that we can provide you with the best experience and latest implementation across Coinshift & Crypto Treasuries. In this, our driving force is your feedback.
So, reach out to us on Discord. Every response will be read. ✌️
Subscribe to this Newsletter and share it with your peers or the ones who would be interested 👇
Inviting you all for the E-2 Summit (Asset management 3.0) co-organised by Enzyme finance and Dystopia labs
In this event, Tarun (Founder & CEO, Coinshift) will share:
Coinshift V1 (Live Demo)
2022 Roadmap (sneak peek to Coinshift V2)
Details for the Coinshift event:
🗓 Monday, 24th January | 18:30 (CET) | 9:30 (PT)
Claim your free ticket here - https://buff.ly/3mAsEJO
Learnings:
Insights about Coinshift & its vision
Benefits of Coinshift as a DAO Treasury Management Platform
Future Roadmap: What are our Future plans with Coinshift
Waiting to see you all at this event 😊✌️
Proposals
1️⃣ Proposal: Olympus DAO Treasury Framework
Key Points to the Treasury framework proposal :
This framework distinguishes -
Key treasury decisions and guidelines that require a community vote from
Operational levers that the treasury team uses to implement community decisions, in which case the treasury team should act with autonomy.
A living document to help everyone in the community understand how decisions are made.
Proposed Framework -
Proposed Guidelines & Allocations limits
Read the proposal here
2️⃣ Proposal: ENS DAO Treasury Management
Key Points:
Allocate a percentage of ENS treasury’s USDC and ETH holdings into Element Finance’s fixed-rate vaults
USDC is supported by Element’s vaults & ETH is supported indirectly through Curve’s ETH/stETH pool
To achieve Curve’s ETH/stETH pool, DAO would have to hold ETH/stETH LP tokens rather than native ETH.
~25% of ENS DAO’s treasury:
~10% of ENS DAO’s treasury
Read the proposal here
3️⃣ Proposal: Bond Allocation from Pangolin Treasury to split among Olympus and Maximizer
Key Points:
3 month Bond allocation for Protocol owned Liquidity (POL) to split among Olympus and Maximizer.
Entire $500K per month being allocated to bond on Olympus platform with the recent on-chain proposal (Treasury Replenishment Request).
Maximizer Platform has recently demonstrated that PNG-AVAX and some other DEX pairs bond have very high demand and they usually get sold out less than 24 hours compared to Olympus.
Read the proposal here
4️⃣ Proposal: Migration of 2 Million DODO Tokens each to Avalanche, BOBA, and Moonriver for Future Incentives
Key Points:
6 million DODO tokens are DODO’s budget for the Avalanche, BOBA, and Moonriver Mainnets, and it is not yet certain whether they will be fully utilized.
2 million DODO tokens will be allocated to each Avalanche, BOBA, and Moonriver Mainnets. Starting with liquidity mining rewards for their stablecoin pools first, followed by other incentive programs.
After allocating DODO tokens, incentivizing stablecoin pools with mining rewards is the fastest and the most cost-effective way to attract more users and trading volume.
The tokens will be sourced from the 60% Community Incentives allocation, as specified in the DODOnomics whitepaper.
About Avalanche
Avalanche is one of the fastest-growing networks in the past year. It is EVM-compatible and operates on a PoS model which features faster transactions and low gas cost.
About BOBA
Boba is a next-generation Optimistic Rollup layer 2 network that reduces gas fees, improves transaction throughput, reduces exit periods, and extends the capabilities of smart contracts.
About Moonriver
Moonriver is an EVM-compatible para chain deployed on Kusama, a companion network to Moonbeam, and provides a permanently incentivized canary network.
Read the proposal here
Good Reads📚
🔥 Crypto, Web3 and The Global Unleashing
🔥 Multifarm.fi’s DAO Treasury Management Group* — Limited Spots
About Coinshift
Coinshift simplifies treasury management by providing efficient multisig tooling to save time & money for crypto teams.
Stay connected. Stay Awesome 🤘