Notes: Treasury Task Force (Weekly Calls)

General
11

2022-02-01
Meeting #11

  • Do we want to harvest and payout 50% of the rewards to the lender?

    • Snapshot does not support gnosis multisig so we need an eoa for that
    • Ben: Inclined to payout
    • Have to decide if we want to wrap our CRV in cvxCRV
      • cvxCRV gets a high return on convex but is permanent
    • Harvest every 2 weeks
      • Justification: in time for voting rounds
    • Voting must be done by an EOA (can be delegated)
      • Choose someone from treasury guild or council
      • East volunteers

  • Next steps for bribe.crv and votium

    • We should make a document detailing all of this
    • Billi:
      • Curve - vote once and stays until change
      • Votium - every two weeks needs to be determined
    • Even if you’re not aware for votium you are eligible for the bribes
    • Since we have a lot of T, there’s no need for us to claim often
    • Need to make sure the votium rewards do not expire
    • East: We should routinely claim anyways
    • Need analysis to see ROI

  • Question: What is the 50k cvx vs the 536k cvx

  • Should we swap some of the KEEP rewards into ETH?

  • Wen Treasury Guild multisig?

    • And what are their responsibilities?
    • Next steps (should we allocate towards them)

  • How to get ETH

    • TBD, Bond program could help

  • Next step for Bonds

    • Get snapshot setup to approve forum post

  • MStable & Saddle Swap

    • Next steps:
      • MStable swap is pretty much there
      • Saddle needs more conversation
      • Move MStable to forum

  • Debt DAO

    • Next steps:
      • Do people want to get paid for contributions in stables?
        • Preference might be a mix of stables and T
      • Think this still needs some debate and fleshing out
      • Billi: Should be demand driven

  • KeeperDAO

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