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Treasury House

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Treasury House

$ 1.3 Billion total assets and $38.2 million in payouts, E2 Summit Invite, Treasury Proposals & Good reads...

Sukanshi
Jan 22, 2022
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Treasury House

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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 👇

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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.

    1. Proposed Framework -

  1. 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:

Screen Shot 2022-01-14 at 1.35.06 PM

~10% of ENS DAO’s treasury

Screen Shot 2022-01-14 at 1.35.52 PM

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 🤘

Join the Coinshift Ecosystem -

  • Discord

  • Twitter

  • Website

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