haberdash-vote

haberdash-props

New Proposal Update: Treasury Management Proposal 📜

TLDR: This proposal outlines a plan for the allocation and diversification of the DegenDAO treasury. By diversifying its holdings and strategically allocating funds, the aim is to enhance the stability, growth, and long-term value of DegenDAO.

Goal: To create a robust financial foundation that supports the Degen and Farcaster ecosystem, enhances value for the community, and positions DegenDAO as the most capitalized network on Farcaster.

Proposed Allocation:
🎩 Admin & Operations Fund: 5% of the treasury
🎩 Marketing & Comms Fund: 5% of the treasury
🎩 Grants Fund: 10% of the treasury
🎩 Investment Fund: 50% of the treasury
🎩 Reserves: 25% of the treasury

Voting for the 'Treasury Management Proposal' is now live! 

Voting will be on for the next 72 hours 🎩  

Link to vote: frame.vote/rIs9vwpK

A crowdfunded DAO deploying funds to builders scaling the Base ecosystem 🤝
General updates: /degendao
Proposals: /haberdash-props
Voting: /haberdash-vote

I voted yes. 

Only question for me is how often and what guidelines might be used in the future to transfer funds from investments to Admin, marketing, grants.  

How much time is the current allo to these pools intended to cover?