AirDAO: Treasury investment proposal

GM AirDAO Community,

In October 2023, DWF Labs invested $7.5m into the AirDAO ecosystem. Recently, the community discussed AirDAO’s treasury in our Telegram chat, suggesting that we diversify our holdings to earn a yield on our portfolio.

The AirDAO Council has discussed the proposal made by the community and has formed a consensus to invest a percentage of the treasury funds to achieve these desired outcomes. The AirDAO Council will use the profits generated to buy back AMB from the market and burn the bought AMB. The community will decide the frequency of the token burns. AirDAO will ensure transparency for the entire process. The community will be able to track the yield and confirm that all generated yield will be used to purchase and burn AMB. The AirDAO Treasury is held in our Gnosis Safe and is ready for deployment in DeFi protocols.

We want our community to comment on the initiative and vote on the percentage of our treasury that we should invest. The proposed amounts are 0%, 25%, 50%, 75%, and 100%. We will invest half of the chosen percentage into AAVE and the other half into Compound — two highly renowned DeFi protocols with a combined Total Value Locked (TVL) of $10.3b (AAVE TVL, Compound TVL).

Now, it’s time for our community to decide how to invest our treasury. Voting begins at 4 PM UTC on Sunday, January 14th, and ends at 4 PM UTC on Tuesday, January 16th.

What do you think about this proposal?

Share your views in the comments below, and get your AMB ready to vote before the Snapshot goes live on Sunday.

4 Likes

For what it’s worth - my opinion is that this is a great move to utilise the treasury as currently the money is not making any yield. Further more burning of tokens bought back from the market is great for price stability and reducing the supply. A great step and thank you to the members who have continued to contribute their thoughts and ideas about burning as this has made us move a bit faster on the subject matter in council.

Looking forward to your opinions on this proposal.

Grimmers
AirDAO council Chair.

6 Likes

GM AirDAO Topluluğu,

DWF Labs, Ekim 2023’te AirDAO ekosistemine 7,5 milyon dolar yatırım yaptı. Son zamanlarda topluluk, Telegram sohbetimizde AirDAO’nun hazinesini tartıştı ve portföyümüzden getiri elde etmek için varlıklarımızı çeşitlendirmemizi önerdi.

AirDAO Konseyi, topluluk tarafından yapılan teklifi tartıştı ve bu istenen sonuçları elde etmek için hazine fonlarının belirli bir yüzdesiyle yatırım yapılması konusunda fikir birliğine vardı. AirDAO Konseyi, elde edilen karı AMB’yi piyasadan geri satın almak ve satın alınan AMB’yi yakmak için kullanacak. Token yakma sıklığına topluluk karar verecek. AirDAO tüm süreç için şeffaflığı sağlayacaktır. Topluluk, getiriyi takip edebilecek ve elde edilen tüm getirilerin AMB satın almak ve yakmak için kullanılacağını doğrulayabilecek.

Topluluğumuzun girişim hakkında yorum yapmasını ve hazinemizin yatırım yapmamız gereken yüzdesi konusunda oy vermesini istiyoruz. Önerilen miktarlar %0, %25, %50, %75 ve %100’dür. Seçilen yüzdenin yarısını AAVE 1’e ve diğer yarısını da Compound 1’e yatıracağız; bunlar, toplam değeri 10,3 milyar ABD Doları (AAVE TVL, Bileşik TVL) olan toplam Kilitli Toplam Değere (TVL) sahip, son derece ünlü iki DeFi protokolüdür.

Artık topluluğumuzun hazinemize nasıl yatırım yapacağına karar verme zamanı geldi. Oylama 14 Ocak Pazar günü saat 19.00 Tsi’de başlayacak ve 16 Ocak Pazartesi günü saat 19.00 Tsi’de sona erecek.

Bu teklif hakkında ne düşünüyorsunuz?

Görüşlerinizi aşağıdaki yorumlarda paylaşın ve Anlık Görüntü Pazar günü yayınlanmadan önce AMB’nizi oylamaya hazırlayın.

4 Likes

Hey AirDAO community! :rocket: I’ve been thinking about the treasury investment proposal, and I’m excited about the potential for yield through diversification. However, I’m curious about the risk management strategies, especially with DeFi protocols. Can we discuss more about how we plan to mitigate risks? Looking forward to hearing your thoughts! :thinking:

1 Like

Dear Community,

IMO, The project is striving best to deliver what a true DAO should be to us all.

I also feel the investment is a big deal. Rather than have the funds sleeping and not yielding anything on it.
I must commend the team of council members for thinking through this deeply and wanting to put It to vote.

Community members should come forward and prepare to vote

2 Likes

A very good idea from the team. I think the community should get ready by expressing their voice through votes.
It’s up to all of us.
Reinvesting the funds in the treasury is better than putting it to sleep.

Waiting for the vote to cast my vote.

Thanks to the team

2 Likes

On using treasury via defi, and using it at all.
0) We have audited Ethereum Tron BSC Arbitrum Avalanche Polygon Optimism for about 50+ protocols which allow us to use farming on treasury.

  1. going out of ETH means extra risk on bridge + extra L1 risk. Whille some other chains have a little bit more apy, ETH is one of most reliable.
  2. investing in ETH / BTC means trading and will need to have more precise monitoring and strategies. Do we want to long? leveraged long? 50x leveraged long? Portfolio? Short? Leverage short? - too much mooving parts - and should be done in scope of investment DAO later this year
  3. AAVE and Compound have been on a market for a years and they have proved their reliability, while they maintain 5-10% apy.
  4. Split between USDT / USDC will help us mitigate a risk on one stable
  5. Split between AAVE / COMP will mitigate a risk of one protocol
  6. Buy back will be every 1st day of month - preferably on DEX (uni / mantis )
  7. Tokens will be either burn, or moved to MS for transparency
2 Likes

Gm Comunidad AirDAO,

En octubre de 2023, DWF Labs invirtió 7,5 millones de dólares en el ecosistema AirDAO. Recientemente, la comunidad discutió la tesorería de AirDAO en nuestro chat de Telegram, sugiriendo que diversifiquemos nuestras participaciones para obtener un rendimiento de nuestra cartera.

El Consejo de AirDAO ha discutido la propuesta hecha por la comunidad y ha llegado a un consenso para invertir un porcentaje de los fondos del tesoro para lograr los resultados deseados. El Consejo de AirDAO utilizará las ganancias generadas para recomprar AMB del mercado y quemar el AMB comprado. La comunidad decidirá la frecuencia de la quema de tokens. AirDAO garantizará la transparencia durante todo el proceso. La comunidad podrá realizar un seguimiento del rendimiento y confirmar que todo el rendimiento generado se utilizará para comprar y quemar AMB. El AirDAO Treasury 5 se guarda en nuestro Gnosis Safe y está listo para su implementación en protocolos DeFi.

Queremos que nuestra comunidad comente sobre la iniciativa y vote sobre el porcentaje de nuestro tesoro que debemos invertir. Los montos propuestos son 0%, 25%, 50%, 75% y 100%. Invertiremos la mitad del porcentaje elegido en AAVE 2 y la otra mitad en Compound 2: dos protocolos DeFi de gran renombre con un valor total bloqueado (TVL) combinado de 10.300 millones de dólares (AAVE TVL, Compound TVL 1).

Ahora es el momento de que nuestra comunidad decida cómo invertir nuestro tesoro. La votación comienza a las 4 p. m. UTC del domingo 14 de enero y finaliza a las 4 p. m. UTC del martes 16 de enero.

¿Qué opinas de esta propuesta?

Comparta sus opiniones en los comentarios a continuación y prepare su AMB para votar antes de que la instantánea se publique el domingo.

2 Likes

资金储备投资提案

在2023年10月,DWF Labs向AirDAO生态系统投资了750万美元。最近我们讨论了AirDAO的资金储备,提出建议要对我们的资产进行多元化配置,以获取投资组合的收益。

AirDAO理事会已经讨论了社区提出的提案,并形成了一致意见。AirDAO理事会将使用所获利润从市场上回购AMB,并销毁已回购的AMB。社区将决定代币销毁的频率。AirDAO将确保整个过程的透明度。社区将能够追踪收益并确认所有生成的收益将用于购买和销毁AMB。AirDAO Treasury 将存放在我们AirDAO的Gnosis Safe中,并已准备好在DeFi协议中部署。

我们希望社区能就这项提案发表评论,并对我们应该投资的资金百分比进行投票。提议的百分比为0%、25%、50%、75%和100%。我们将选定百分比的一半投资到AAVE ,另一半投资到Compound ——两个总锁定价值(TVL)合计为103亿美元的备受推崇的DeFi协议(AAVE TVL,Compound TVL )。

现在,是我们的社区决定如何投资我们的资金的时候了。投票将于协调世界时(UTC)时间1月14日周日下午4点开始,截止于1月16日周二下午4点。
(北京时间 1月15日周一凌晨12点开始,截止于1月17日周三凌晨12点)
(韩国时间 1月15日周一凌晨1点开始,截止于1月17日周三凌晨1点)

对于这个提案,大家有什么看法呢?

在下方评论中分享你的看法,并在快照在周日启动之前准备好你的AMB进行投票。
(北京时间 周一启动前)

2 Likes

It’s great to read how much effort has been put into the background check aswell.

Good times ahead.
:rocket::rocket::rocket:

2 Likes

It’s a great move to utilize and yield returns on the treasury and most importantly the project been invested into are also great projects. We appreciate the efforts from the AIRDAO team :fire::heart:

2 Likes