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The Haberdashery

@thehaberdashery

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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 🎩 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
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The Haberdashery
@thehaberdashery
We're back with another Community call. 🗓️ Date: Thrusday, 25 July 🕙 Time: 10am CST 🔗 Link: The Zoom link for the meeting will be shared on Thursday within the token-gated Telegram & Warpcast chats for all Habs members. The Agenda 📜 - Discuss the Treasury Management proposal and address questions & doubts - Take stock on the progress of the DAO's projects - Further align on how to make the Haberdashery the most capitalised, sustainable and go-to DAO for supporting builders & projects on the Base, Degen & Farcaster ecosystems 🤝' Haberdashers, assemble 🎩
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The Haberdashery pfp
The Haberdashery
@thehaberdashery
Voting for the 'Treasury Management Proposal' is now live! Voting will be on for the next 72 hours 🎩 Link to vote: frame.vote/rIs9vwpK
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The Haberdashery pfp
The Haberdashery
@thehaberdashery
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
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The Haberdashery
@thehaberdashery
GM Haberdashers! Each week we’ll be starting with our weekly recap where we’ll be dropping updates on all the activities and work we’re doing behind-the-scenes. For the week of 1-7 July, here’s the TLDR: → 1st Haberdashery Community call happened 🎩 → Morpho proposal for increasing DeFi utility for DEGEN went live ✅ → Treasury management for the Haberdashery DAO proposal moved to final discussions ➡️
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The Haberdashery
@thehaberdashery
Great way to celebrate our 1st ever community call - thanks for the mention! @nounsfactory
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The Haberdashery
@thehaberdashery
Happy 4th of July to everyone celebrating! 🇺🇸 Great day to remind ourselves that we're all out here building for a better, more sovereign and decentralized future ⛓️ At the Haberdashery, we're here long-term for both the tech & the culture 🤝
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The Haberdashery
@thehaberdashery
New Proposal Update: Degen & Morpho Proposal TLDR: Morpho Blue, a lending protocol, aims to increase DeFi utility for DEGEN by incentivizing degenUSDC deposits and depositing DEGEN in mDEGEN vaults. This proposal seeks to unlock more value and DeFi use cases for the DEGEN ecosystem. Goal: Enhance the DeFi utility and use cases for DEGEN holders by: - Incentivizing degenUSDC deposits to provide liquidity and earn rewards. - Depositing DEGEN in mDEGEN vaults to earn yield and create a deep borrowing market. Ask: - degenUSDC vault deposit: 4M $DEGEN allocation over 3 months with a vault cap of $500k. - mDEGEN vault deposit: 10M $DEGEN deposited in mDEGEN for 1 year, with the option to withdraw anytime. Impact on Ecosystem Growth: - Expands liquidity and DeFI integration of DEGEN across ecosystems. - Increases utility, yield and attractiveness of DEGEN within the Base ecosystem. - Exposes users to Morpho, a fast-growing permissionless lending market. - Boosts community engagement and DEGEN earnings.
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The Haberdashery
@thehaberdashery
We are live! Bring your hats if you aren’t already there, Habs. 🎩
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The Haberdashery
@thehaberdashery
🎩
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The Haberdashery
@thehaberdashery
The 1st ever Community Call is finally happening! 🗓️ Date: Wednesday, 3rd July 🕙 Time: 10am CST 🔗 Link: The Zoom link for the meeting will be shared on Wednesday within the token-gated Telegram & Warpcast chats for all Habs members. The Agenda 📜 - Discuss updates from all members - Take stock on the progress of the DAO's projects - Reflect upon the progress and state of the DAO internally - Align on how to make the Haberdashery the most capitalised, sustainable and go-to DAO for supporting builders & projects on the Base, Degen & Farcaster ecosystems 🤝' Haberdashers, assemble 🎩
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The Haberdashery
@thehaberdashery
The Haberdashery is hosting its 1st community call with all DAO members! Members, please vote using the frame below on your preferred day for having the call ⬇️ The Agenda 📜 - Discuss updates from all members - Take stock on the progress of the DAO's projects - Reflect upon the progress and state of the DAO internally - Align on how to make the Haberdashery the most capitalised, sustainable and go-to DAO for supporting builders & projects on the Base, Degen & Farcaster ecosystems 🤝 https://frame.vote/IT0UXlDF
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The Haberdashery
@thehaberdashery
The proposal to fund 'Based House' by @callusfbi has officially passed! We're excited to support the @callusfbi team in building one of the first IRL spaces for @base & @farcaster builders & creators✅ The proposal will help kick-start the initial development of Based House. Here are the details: ✅ The goal of Based House is to create the first IRL space in India focused on builders & creators building on @base & @farcaster. ✅ The team will focus on using the funds to cater to onchain events, meetups, hackathons, builds, and other initiatives possible in the physical space. ✅ The DAO will be distributing $17,000 worth of $DEGEN, approximately 1.947M $DEGEN to support this initiative 🤝🏼 ✅ This will help significantly onboard more builders into the Base, Farcaster & Degen ecosystem and build greater awareness amongst the community. We’re excited to see how this progresses!
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The Haberdashery
@thehaberdashery
Habs, there are 3 hours left till the vote closes on the ‘Based House’ proposal. To recap, Based House is being built by @callusfbi as the 1st IRL space for web3 builders & creators in Goa, India 🇮🇳 @callusfbi has added considerable value to the Haberdashery ecosystem through: - Incubating and growing projects like @proxyswap - @questbook grants - /rolodexsocial member directory - Finding talent for DAO ops + an agency to oversee the comms, branding and socials for the Haberdashery Cast your vote now ⬇️
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The Haberdashery
@thehaberdashery
We are live again with the Based House proposal after resolving the voting issues. Voting will be live for 72 hours. TLDR: Based House is intended to be an exclusive 12 cottage IRL space for web3 builders and creators in Goa, India 🇮🇳 Current $DEGEN treasury: 89.64 million https://frame.vote/pRo1cz-u
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The Haberdashery pfp
The Haberdashery
@thehaberdashery
We are live again with the Based House proposal after resolving the voting issues. Voting will be live for 72 hours. TLDR: Based House is intended to be an exclusive 12 cottage IRL space for web3 builders and creators in Goa, India 🇮🇳 Current $DEGEN treasury: 89.64 million https://frame.vote/pRo1cz-u
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The Haberdashery
@thehaberdashery
UPDATE: Voting issues have now been resolved and the next ballot is being prepared. The ‘Based House’ proposal will be going live again, shortly.
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The Haberdashery
@thehaberdashery
Once a Hab, always a Hab - rooting for our boy @cameron as he goes up against the other degentlemen 🤝🫂🎩
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The Haberdashery
@thehaberdashery
UPDATE: We are in the process of running diagnostics. Current issues seem to be related to the census mechanism. We are in the process of resolving them.
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The Haberdashery
@thehaberdashery
The vote for the ‘Based House’ proposal will be voided due to the vote not being included in the Haberdashery community page due to a technical glitch. Hence, the vote wasn’t tracked as an official vote. In order to ensure fair and transparent vote tracking, a new vote will be sent out to all members via DMs from @purp We appreciate all members’ understanding and are getting this resolved soon.
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