Coinshift Newsletter

Share this post
Treasury House
newsletter.coinshift.xyz

Treasury House

$ 1.1 Billion total assets and $ 69.3 Million in payouts, Coinshift updates, Treasury Proposals & Good reads...

Sukanshi
Mar 26, 2022
Share this post
Treasury House
newsletter.coinshift.xyz

Growth Numbers 🎉

Latest Coinshift Stats

  • Total Users - 896

  • Payouts - $ 69.3 Million ⬆️

  • Total assets - $ 1.1 Billion ⬆️

We spend a lot of time building Coinshift’s Treasury management platform & curating the latest proposals & Good reads for this Newsletter. All efforts are done to keep our readers updated with the latest implementations across Coinshift & Crypto Treasuries.

Do you know what is our driving force in this? - Your feedback.

Reach out to us on Discord. Every response will be read. ✌️

Also, subscribe to this Newsletter and share it with your peers or the ones who would be interested 👇

Share Coinshift Newsletter


✅ Treasury AMA with UMA Protocol featuring Kevin Chan (Treasurer, UMA Protocol)

In this AMA Kevin Chan (Treasurer, UMA Protocol) shared UMA Protocol offerings & various DAO Treasury management strategies including Range & Success tokens.

Listen to our AMA on Twitter: https://bit.ly/3r0iXWT

Soon we will be having the AMA recording on Youtube & Spotify.


Proposals

1️⃣ Uniswap Proposal: Should Uniswap v3 be deployed to Gnosis Chain?

Key Highlights:

Community discussion is going around to deploy Uniswap v3 be deployed to Gnosis Chain. Uniswap has proposed to provide up to $10M for a tailored liquidity mining program.

This will provide many benefits to both Uniswap Labs and Uniswap users, some of which include:

  • DeFi ecosystem growth:

    • Uniswap would become a cornerstone DeFi engine for protocols using and interacting within the ecosystem. Perpetual Protocol is a flagship protocol on Gnosis Chain that relies on Uniswap v3.

    • Various bluechip deployments with growing TVL include Curve, Sushiswap, and Tornado, with many more. Current projects that are available on Gnosis Chain: https://gnosischain.world/

  • Iterative environment:

    • Uniswap Labs can experiment with new functionality and front-run new features in a real-value environment.

    • Uniswap can spot and remediate any final potential issues stemming from important Ethereum updates prior to mainnet activation and take advantage of optimized slot and epoch times for faster iteration.

  • Tight Ethereum compatibility

    • Tools, resources, projects, and protocols supported by Ethereum are already supported by the Gnosis Chain + more onboarding regularly.

User incentives: A large directive for the Gnosis Chain is to increase the user base and on-chain activity by strategically allocating funds from the GnosisDAO treasury to promote adoption.

Read the entire proposal here

2️⃣ Olympus DAO Proposal: BeraChain Investment + Strategic Partnership

What is BeraChain?

BeraChain is a fully EVM equivalent & IBC connected layer one blockchain that implements a novel "Proof of Liquidity" Consensus mechanism. PoLC aims to combat the shortcomings of traditional Proof of Stake validated blockchains by systemically ensuring the creation of liquidity as a core primitive required for block production.

Key Highlights:

Olympus participating in the seed round of BeraChain, as well as aligning as strategic partners with the BeraChain Foundation. They have proposed to deploy $500k of treasury assets to invest in BeraChain.

Olympus will have 2% of the total network ownership in which

  • 1% of the genesis token supply

  • 1% will be given to Olympus from the BeraChain strategic partnerships

Read the entire proposal here


Good Reads📚

🔥 Yam Quarterly Treasury Report — Q4 2021

🎙️Coinshift: Treasury AMA with UMA Protocol featuring Kevin Chan


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

Share this post
Treasury House
newsletter.coinshift.xyz
Comments
TopNew

No posts

Ready for more?

© 2023 Coinshift
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing