The treasury page on DeFi llama made me feel a bit nervous for our industry

Where did the treasuries go

Nouns has $10m!!!

home /openventures
work /clanker

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Noun 730 | based & optimistic Ξthereum Ξnjoyoor | founder: zerorights.media, zeropod.xyz and the /yellow collective

it is! I'm extremely impressed by @nouns ability to survive the most extractive possible, double-fork timeline

just saying its still a bit worrisome! nouns has funded so much

idk 10M is pretty good for an nft project founded in 2021 that survived an RFV dao raid and never stopped funding public goods the whole time 🤷🏻‍♂️ 

Imagine if ETH did something 😆

maxxing on /morpho 🦋 | pursuing a higher self w /higher-athletics | consistently curious

I figured part of this was the data availability

is this part of your role with Morpho? could be interesting to talk about how Clanker might one day leverage a theoretical treasury with, say, 1000+ eth to sustain itself over time :)

Wealthy treasuries are mostly managed by third parties. Check Aera, Karpatkey, Avantgarde. 

Tokenterminal has a bit of better onchain data on treasuries

Morpho is trusted by a lot of treasuries, so did a lot of research on this topic

I’d bet it’s more precarious than DeFi llama shows. Most of the major L1 and L2 protocols aren’t transparent about their treasury.

Yeah it’s gone down a lot and based on the last year activities it’s getting smaller and smaller fast

Yeah it’s gone down a lot and based on the last year activities it’s getting smaller and smaller fast

https://www.nounswap.wtf/stats/treasury?time=1Y