Treasury plan

[SasoLithops]

Hey everyone,

Over the past month, I’ve been digging into ideas for how we can move forward with KtonDAO. Since we don’t currently have the funding for bigger development projects like the Basket of Tokens, I think it makes sense to shift our focus to staking initiatives and buyback strategies for now.

Here are a few options I’ve been exploring:

1. Swap all Ring rewards to BTC and stake it in the Cosmos ecosystem
We could convert our Ring rewards into BTC and send it to the Babylon chain, where we can stake it and earn BABY tokens as rewards. This setup is part of a broader conversation about the future of staking—check out the original discussion here:

👉 https://forum.babylon.foundation/t/programmatic-deflation-of-baby/676

There’s a new thread now too that I plan to join:

👉 https://forum.babylon.foundation/t/rewarding-btc-stakers-who-also-stake-baby-fairly/694

This could help us grow the treasury in both BTC and BABY. I’ve been learning more about Babylon and can reach out to their team to see what options would make the most sense for us.

2. Swap part of the Ring rewards to KTON and BTC, and just hold both in the treasury.

3. Swap part of the Ring rewards to KTON and BTC, burn the KTON, and hold the BTC.

4. Swap part of the Ring rewards to KTON and BTC, burn the KTON, and stake the BTC via Babylon (like option 1).

5. Do nothing for now – just keep accumulating Ring and wait.

6. Take a small, higher-risk route: invest part of the treasury (max 10%) into new tokens.
This would be the riskiest idea. We could explore small, early investments into newer projects—like some of the booming DePIN projects on Solana or others we all agree have long-term potential.
Of course, early-stage investments come with the risk of permanent loss, so we’d limit this to a small portion of the treasury.

To support this, we could tie the fund to a special NFT using the DPL-302 protocol on Solana. Here's the concept:

The DPL-302 protocol lets you create NFTs that point to a token pool. These NFTs represent a share of the pool, giving liquidity and sustainability to the project. You can always redeem the NFT for your share of tokens.

We could set it up so that minting one of these NFTs costs something like 25 KTON, but offer it at a discount (say, 5 KTON) to long-term stakers and governance participants at the beginning.

I’m connected with a friend who’s familiar with DPL-302, and I’m also active in a project that already uses it—so I can definitely dig deeper if there's interest.

If any of this sparks ideas or questions, drop your thoughts here or tag me on socials (Telegram works best). Any feedback or new suggestions are welcome.

Looking forward to hearing what you all think 😊

[sonoferin2000]

I no longer hold kton, so i dont have skin in the game.but i would recomend that you not over complicate it with nft's. its something cool and novel, but it is better to have something easily deliverable, not requireing developer time. just simple transactions. I would recomend you go with the first option, got full BTC, and can periodically sell off 80-90% or even the entirety of baby rewards to get additional btc. or alternativly, simply hold interest bearing assets like stETH, or Aave Interest bearing LINK,

[SasoLithops]

Sad to hear that but understand your choice. Thank you for still participating and not letting me talk to myself🙃 As you see we still mostly alone in this.
Yeah it makes sense not to overcomplicate. I will see the cost of devs for this on next Friday call(hopefully should be less so we can finaly move fwd and bring some added value to Kton stakers).

[nblogist]

Swap part of the Ring rewards to KTON and BTC, burn the KTON, and stake the BTC via Babylon (like option 1).

I think this is a better option, especially because this gives us long-term stability with BTC and also burning KTON allows scarcity to be introduced and by staking BTC to Babylon we can generate yield for the treasury. My only spin is we should allocate 10% of the treasury to some of the more up and rising narratives like deep in, etc..