yTreasury BR 1

[wavey0x]

Scope

• New 3/5 multisig to replace yTrades: 0xca540000ac07e1c0Ce80935880baA51512CD10F7
• Handles token conversion transactions from treasury
• Manages treasury holdings with directive from yBudget
• Transactions
  • Executes timely trades
  • Pays contributor grants
  • Tops up developer wallets with ETH
• Sets farming guidelines
  • what can / cannot be farmed with treasury assets
  • bridging guidelines
  • risk guidelines

Plan

• Assist yBudget in defining target treasury asset allocations
• Execute timely trades
• Develop processes to reduce complexity of holdings and streamline token transfers
  • Establish separate POL holdings

Deadline

2024-07-30

People

• wavey
• micky
• lance
• corn
• tapir

Money

$4,000 / month / person
$60,000 total for 3 month period

Amount (Total)

60000

Wallet address

0xca540000ac07e1c0Ce80935880baA51512CD10F7

Reporting

Once

[0xPickles]

Closing withdrawn by the proposers