The Haberdashery

haberdash-vote

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

Voting will be on for the next 72 hours 🎩  

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: 23% of the treasury
🎩 Purp's Allocation: 7% of the treasury

https://frame.vote/vOKtGE82