Saved by Alex Wittenberg
The Aave Treasury Management Vision
sari added
Propose treasury budget to discuss and vote onDefine liquidity requirements based on budgetDecide asset allocation policy and review this policy allocation every monthDefine policy for liquidity mining, token buybacks, salaries and vesting schedule of core contributorsPublish monthly / quarterly financial statementsPublish monthly / quarterly repor... See more
Shreyas Hariharan • How to Structure a Protocol's Treasury
Alex Wittenberg added
Alex Wittenberg added
The treasury’s purchasing power should be maintained or grown after accounting for expenses.Diversified asset allocation: The assets in the treasury should be diversified and aligned with the goals of the community.
Shreyas Hariharan • How to Structure a Protocol's Treasury
Alex Wittenberg added
sari added
But how can we produce these statements such that they can be verifiable with on-chain data? MakerDAO produced real-time P&L and balance sheet data using Dune Analytics. The next step is adding relevant governance voting and discussions for context. For example, every large treasury transaction should have an associated “receipt” in the form of... See more
Shreyas Hariharan • How DAOs should approach treasury management on Bankless
Alex Wittenberg added
Treasury allocations should ensure that critical expenses can be funded even if the protocol token has a significant drawdown.
Shreyas Hariharan • How DAOs should approach treasury management on Bankless
sari added
Alex Wittenberg added