Treasury House
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Treasury House
$ 1.2 Billion total assets and $ 43.5 Million in payouts, Treasury Proposals & Good reads...
Growth Numbers 👀
Latest Coinshift Stats
Total Users - 437
Payouts - $ 43.5 Million ⬆️
Total assets - $ 1.2 Billion ⬆️
We spend a lot of time building Coinshift’s Treasury management platform & curating latest proposals & Good reads for this Newsletter. All efforts are done to keep our readers updated with the latest implementations across Coinshift & Crypto Treasuries.
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Proposals
1️⃣ Klima DAO’s Proposal: Inverse bonds
About: Klima DAO gives Web3 builders and users the opportunity to participate in the carbon market through the KLIMA token. KLIMA tokens are:
fungible: per the ERC20 token standard
backed: by at least 1 tonne of tokenized verified carbon offsets locked in the Klima DAO treasury*
useful: holders of KLIMA will have the ability to vote on Klima DAO policy
Proposal’s Key Highlights:
Klima aims to become a decentralized reserve currency for the carbon market. The backing of Klima is composed of carbon assets, which assist in giving Klima a treasury to derive value from, and market operations that the Klima protocol does should aim to increase this backing. In order to do this, the policy team proposes to introduce inverse bonds.
Why Inverse bonds?
Inverse bonds will allow the protocol to acquire KLIMA from the open market by offering an asset in the treasury to the bonder. Acquiring assets in the treasury at a discount, reducing supply, increasing the intrinsic value of the protocol, and adding buy pressure to the token.
Benefit - This will allow the protocol to retain operations under all market conditions.
Read the proposal here
2️⃣ Human DAO Proposal: HumanDAO Treasury Management - DeFi Utilisation
About: Human DAO is helping the underserved earn money in the metaverse & provide new revenue streams to investors
Proposal’s Key learnings:
Out of $2.65M USDC of HumanDAO treasury, $1.5M USDC is being proposed for DeFi allocation into 2 separate strategies.
DeFi Diversification (Treasury allocation broken into 2 strategies)
Strategy 1 (Up to $1,000,000 USD) - Enzyme secured DeFi strategy. Up to $1M (Curve, Convex & Yearn)
This strategy will allow safe environment for storing & managing the funds and 24/7 oversight over reporting & performance.
Strategy 2 ($500,000 USD) - Non-enzyme hosted protocols / reserve fund for early-stage strategic projects and protocols. $500K
This strategy will allow flexiblity and help HDAO capture emerging opportunities within the DeFi space.
Read the proposal & FAQs here
3️⃣ Trapeza Protocol Proposal: Put treasury in action to sustain high yields
About: Trapeza Protocol is a decentralized reserve currency protocol available on the BSC(Binance Smart Chain) based on the FIDL token.
Each FIDL token is backed by a basket of assets (e.g. BUSD, wBNB, FIDL-BUSD LP, etc.) in the Trapeza Protocol treasury, giving it an intrinsic value that it cannot fall below.
Trapeza Protocol also introduces unique economic and game-theoretic dynamics into the market through staking and bonding.
Proposal’s Key learnings:
Foe every DeFi token holder, what matters the most is whether the project can increase the treasury revenue, which in turn increases the APY + ROI (return on investment)
Trapeza boldly announced that they would not solely depend on the bonds on BSC. Rather, Trapeza will diversify its portfolio on
Bonds on multiple main-nets
Investments on “Multiple” chains. Example:
Etheruem (& L2s): Abracadabra, Curve, Convex, Balancer, Hundred Finance
Soon coming up with TIP (i.e. Trapeza Improvement Plan) regarding the “Trapeza Treasury Management Plan”. This will be helpful in:
Delegating investment decision & communicating with the the team.
Make every investment decision in advance through snapshot voting.
Read the proposal here
4️⃣ Apwine Proposal: Additional swap fee activation for Apwine treasury
About: APWine is the first protocol for tokenizing yield and an AMM for trading tokenized yield.
That is when the idea behind the protocol came up: what if you could sell your yield in advance and stop having to worry about fluctuations?
Proposal’s Key learnings:
APWine treasury is currently composed of 44M$ worth of $APW, and 2.45M$ worth of $TOKE. And doesn’t currently earn any revenues from the protocol.
Goal - To increase the fee to 0.3% on APwine AMM, allowing the DAO to collect 0.05% of each trade on the AMM router.
The proposal includes increasing the swap fee to 0.3% on each trade splitting as:
0.25% for liquidity providers
0.05% for the DAO - To grow and diversify the treasury, reward $veAPW holders, pay for DAO expenses (maybe several or all of the possibilities)
Read the proposal here
Good Reads📚
🔥 DAO Treasury: Showing you the money
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