Proposal:LXDAO Treasury Fund Management Proposal

TL;DR

Currently, part of the LXDAO treasury funds have been transferred to OP, and the funds on OP have been transferred to sub-treasuries. The timing is mature to place the on-chain assets into AAVE.io for lending and earning interest.

Background

Currently, LXDAO’s ETH treasury has nearly $138,000 in balance:

Etherscan

The LXDAO OP treasury has $51,900:

Safe Global

Forge’s OP sub-treasury has $23,200:

Safe Global

Operation WG’s sub-treasury has $26,900:

Safe Global

Governance WG’s sub-treasury has $13,900:

Safe Global

Total: $253,900

According to Aave’s USDC data, the average APR over the past year is 7.72%.

Due to recent market volatility and significant liquidations, rates have dropped but are slowly recovering. The average APR over the past month is 5.66%.

Currently, the APY is 3.61%, which translates to an APR of 3.54%.

apr 3.54 apr 5.66
One Year 8988.06 14370.74
One Month 738.74 1181.15

It is evident that even the earnings from one month could provide a small bounty for incentivizing activities.

Execution

  1. Transfer the stablecoins from the main treasury to the OP network.

  2. Convert the stablecoins on the OP network to USDC and deposit them into Aave.

  3. Each sub-treasury group will decide whether to deposit their USDC into Aave.

Please share your thoughts on this proposal. I plan to initiate a Snapshot proposal by August 14th, with voting ending on August 18th.

关于LXDAO 国库资金理财的想法 草案

TL;DR

目前 LXDAO 的国库资金已经部分转移至 OP,且已经将 OP上的资金 转移至子国库。时机也已经比较成熟,将链上的资产放置** AAVE.io **中 进行放贷生息。

Background

目前 LXDAO 的 Eth 国库有将近 138000U 的余额
https://etherscan.io/address/0xB45e9F74D0a35fE1aa0B78feA03877EF96ae8dd2#tokentxns

LXDAO 的 OP 国库有 51900U

Forge 的 OP 子国库有 23200U

Operation WG 的子国库有 26900U

Governance WG 的子国库有 13900U

总计 253900U

按照 AAVE 的 USDC 数据显示近一年的 平均 Apr 在7.72%

由于最近暴跌清算量较大,但是慢慢会进行回升

按照最近一个月的平均 Apr 也有 5.66%

故按照现在的 Apy 3.61% 折算 apr 也有 3.54%

apr 3.54 apr 5.66
一年 8988.06 14370.74
一个月 738.74 1181.15

可见 这一个月的收益都可以给一个小的 Bounty 去做一些激励了。

Execution

1.将主国库的稳定币 进行跨链至 OP 网络

2.将 OP 网络的稳定币换成 USDC 放入 AAVE 当中。

3.子国库的 USDC 由小组内来决定是否放入。

请分享您对这个提案的看法。我计划于 8月14日前发起一个 Snapshot 提案,投票将于 8月18日结束。

  • For
  • Against
  • I’m not sure
0 voters
1 Like