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The Haberdashery
@thehaberdashery
Voting for the 'Treasury Management Proposal' is now live once again! Voting will be on for the next 72 hours ๐ฉ 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: ๐ฉ Admin & Operations Fund: 5% of the treasury ๐ฉ Marketing & Comms Fund: 5% of the treasury ๐ฉ Grants Fund: 10% of the treasury ๐ฉ Investment Fund: 50% of the treasury ๐ฉ Reserves: 23% of the treasury ๐ฉ Purp's Allocation: 7% of the treasury https://frame.vote/vOKtGE82
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Purp๐ต๐ธ
@purp
@anonpapi.eth @jpren.eth @nounishprof @seanwbren @p4u @oppai
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Nounish Prof โโง-โง๐ฉ
@nounishprof
done! thanks for the ping!
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