I also support. Thank you
Additional details added to original post above. No change in strategy just providing additional context prior to Roundtable review.
Any positive yield is better than no yield at all. If the mentioned projects are the safest to do such a proposal, Iām for it.
I support this proposal
I support this proposal.
Proposal reviewed at Roundtable of Dogs on 5/10/24
2. Treasury Management Proposal - PROPOSAL PASSED
100% of Roundtable voted yes to passing Treasury Management Proposal (PASSED)
0% of Roundtable voted no to passing Treasury Management Proposal
Takeaway - This proposal was very unanimous in favor that the DAO should be investing the treasury according to the parameters that Shima suggested. Shima was present in the meeting to answer questions and explained that this strategy can be adjusted in the future and that right now it is a very risk neutral strategy that has K9 DAO using products similar to its own.
This thread will stay open allowing Shima to provide performance and strategy updates, as well as for the community to ask questions/make suggestions related to the ongoing strategy.
Snapshot vote is live - found here.
We have successfully completed this treasury investment!
130 ETH has been converted into Liquid Staking Equivalents. $300,000 in stables have been lent through Aave and Spark.
You can track the DAO treasury wallet here: DeBank: k9safe.eth