ingestion: archive futardio proposal — 2024-12-02-futardio-proposal-approve-deans-list-treasury-management.md
This commit is contained in:
parent
63af879281
commit
043d445a4f
1 changed files with 124 additions and 0 deletions
|
|
@ -0,0 +1,124 @@
|
||||||
|
---
|
||||||
|
type: source
|
||||||
|
title: "Futardio: Approve Dean's List Treasury Management?"
|
||||||
|
author: "futard.io"
|
||||||
|
url: "https://www.futard.io/proposal/4gaJ8bi1gpNEx6xSSsepjVBM6GXqTDfLbiUbzXbARHW1"
|
||||||
|
date: 2024-12-02
|
||||||
|
domain: internet-finance
|
||||||
|
format: data
|
||||||
|
status: unprocessed
|
||||||
|
tags: [futardio, metadao, futarchy, solana, governance]
|
||||||
|
event_type: proposal
|
||||||
|
---
|
||||||
|
|
||||||
|
## Proposal Details
|
||||||
|
- Project: IslandDAO
|
||||||
|
- Proposal: Approve Dean's List Treasury Management?
|
||||||
|
- Status: Passed
|
||||||
|
- Created: 2024-12-02
|
||||||
|
- URL: https://www.futard.io/proposal/4gaJ8bi1gpNEx6xSSsepjVBM6GXqTDfLbiUbzXbARHW1
|
||||||
|
- Description: The longevity of the DAO depends on maintaining financial stability through stable reserves.
|
||||||
|
- Categories: {'category': 'Dao'}, {'category': 'Treasury'}
|
||||||
|
- Discussion: https://discord.gg/kex9sSW46x
|
||||||
|
|
||||||
|
## Summary
|
||||||
|
|
||||||
|
### 🎯 Key Points
|
||||||
|
The proposal aims to convert Dean's List DAO treasury assets into stablecoins to enhance financial stability, increase the probability of survival from 50% to 90%, and positively impact the Fully Diluted Valuation (FDV) by 5% to 20%.
|
||||||
|
|
||||||
|
### 📊 Impact Analysis
|
||||||
|
#### 👥 Stakeholder Impact
|
||||||
|
This strategy provides stakeholders with greater confidence in the DAO's financial health and operational sustainability.
|
||||||
|
|
||||||
|
#### 📈 Upside Potential
|
||||||
|
The conversion to stablecoins could increase the FDV from $500,000 to a range of $525,000–$600,000, reflecting improved market perception.
|
||||||
|
|
||||||
|
#### 📉 Risk Factors
|
||||||
|
While the proposal reduces volatility risk, it may limit potential gains from higher-risk assets if market conditions improve.
|
||||||
|
|
||||||
|
## Content
|
||||||
|
|
||||||
|
|
||||||
|
|
||||||
|
## Impact of De-Risking DL DAO Treasury on Longevity and FDV
|
||||||
|
|
||||||
|
### 1. Longevity Analysis
|
||||||
|
|
||||||
|
The longevity of the DAO depends on maintaining financial stability through stable reserves. The treasury, valued between $75,000 and $87,000 at $350 SOL (without DEAN in consideration), is proposed to be converted into stablecoins to reduce risk.
|
||||||
|
|
||||||
|
### Longevity Benefits
|
||||||
|
|
||||||
|
1. **Reduction in Risk:** Stablecoins provide immunity to SOL and SPL tokens price volatility, securing the treasury's value.
|
||||||
|
2. **Operational Buffer:** Locking in $75,000–$87,000 ensures predictable funding for operations and development.
|
||||||
|
|
||||||
|
**Probability of survival:**
|
||||||
|
|
||||||
|
- **Before de-risking:** 50% (subject to market volatility).
|
||||||
|
|
||||||
|
- **After de-risking:** 90% (stable reserves secured).
|
||||||
|
|
||||||
|
Thus, de-risking increases the probability of DAO longevity by 40 percentage points (from 50% to 90%).
|
||||||
|
|
||||||
|
|
||||||
|
|
||||||
|
*credits - @BearUntied*
|
||||||
|
|
||||||
|
### 2. Impact on Fully Diluted Valuation
|
||||||
|
|
||||||
|
The current FDV is $500,000 (Conservative FDV to accommodate proposal duration). De-risking the treasury by converting to stablecoins positively impacts market perception, reflecting the DAO’s financial prudence. Investors may attribute higher value due to reduced uncertainty.
|
||||||
|
|
||||||
|
De-risking results in a confidence boost, modeled as a percentage increase in FDV. Two scenarios were calculated:
|
||||||
|
|
||||||
|
1. **Low Confidence Boost (5%):**
|
||||||
|
|
||||||
|
- **Updated FDV:** $500,000 × (1 + 0.05) = $525,000
|
||||||
|
|
||||||
|
- **Percentage Increase:** (525,000 - 500,000) / 500,000 × 100 = 5%
|
||||||
|
|
||||||
|
2. **High Confidence Boost (20%):**
|
||||||
|
|
||||||
|
- **Updated FDV:** $500,000 × (1 + 0.20) = $600,000
|
||||||
|
|
||||||
|
- **Percentage Increase:** (600,000 - 500,000) / 500,000 × 100 = 20%
|
||||||
|
|
||||||
|
|
||||||
|
|
||||||
|
*credits - @BearUntied*
|
||||||
|
|
||||||
|
### 3. TWAP Calculation
|
||||||
|
|
||||||
|
We require TWAP > 3% for the proposal to pass:
|
||||||
|
|
||||||
|
**DL DAO FDV:** $500,000
|
||||||
|
|
||||||
|
**DL DAO FDV + 3%:** $515,000
|
||||||
|
|
||||||
|
The potential increase from de-risking our treasuries is well above the TWAP requirements.
|
||||||
|
|
||||||
|
|
||||||
|
|
||||||
|
*credits - @BearUntied*
|
||||||
|
|
||||||
|
### 4. Combined Analysis and Conclusion
|
||||||
|
|
||||||
|
De-risking the treasury by converting risky assets to stablecoins significantly enhances the DAO’s probability of survival and positively impacts FDV:
|
||||||
|
|
||||||
|
- **Longevity Probability Increase:** From 50% to 90% (+40%).
|
||||||
|
|
||||||
|
- **FDV Increase:** $500,000 to a range of $525,000–$600,000 (5%–20% increase).
|
||||||
|
|
||||||
|
This strategy ensures financial stability while signaling prudence to investors, promoting the DAO's growth and resilience.
|
||||||
|
|
||||||
|
|
||||||
|
|
||||||
|
*credits - @BearUntied*
|
||||||
|
|
||||||
|
## Raw Data
|
||||||
|
|
||||||
|
- Proposal account: `4gaJ8bi1gpNEx6xSSsepjVBM6GXqTDfLbiUbzXbARHW1`
|
||||||
|
- Proposal number: 5
|
||||||
|
- DAO account: `9TKh2yav4WpSNkFV2cLybrWZETBWZBkQ6WB6qV9Nt9dJ`
|
||||||
|
- Proposer: `proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2`
|
||||||
|
- Autocrat version: 0.3
|
||||||
|
- Completed: 2024-12-05
|
||||||
|
- Ended: 2024-12-05
|
||||||
Loading…
Reference in a new issue