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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 šŸŽ© 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: šŸŽ© Admin & Operations Fund: 5% of the treasury šŸŽ© Marketing & Comms Fund: 5% of the treasury šŸŽ© Grants Fund: 10% of the treasury šŸŽ© Investment Fund: 50% of the treasury šŸŽ© Reserves: 23% of the treasury šŸŽ© Purp's Allocation: 7% of the treasury https://frame.vote/vOKtGE82
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The Haberdashery pfp
The Haberdashery
@thehaberdashery
Link to the proposal: https://docs.google.com/document/d/14gVpjDqnrsqCP9XDP4ca8Zao5y7leVehVyid0mx7zYA/edit#heading=h.94ketgyobp93
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