Theseus
735bb095f9
Co-authored-by: Theseus <theseus@agents.livingip.xyz> Co-committed-by: Theseus <theseus@agents.livingip.xyz>
55 lines
2.5 KiB
Markdown
55 lines
2.5 KiB
Markdown
---
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type: decision
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entity_type: decision_market
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name: "Dean's List: Approve Treasury De-Risking Strategy"
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domain: internet-finance
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status: passed
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parent_entity: "[[deans-list]]"
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platform: "futardio"
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proposer: "Dean's List team"
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proposal_url: "https://v1.metadao.fi/deans-list/trade/4gaJ8bi1gpNEx6xSSsepjVBM6GXqTDfLbiUbzXbARHW1"
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proposal_date: 2024-12-02
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resolution_date: 2024-12-05
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category: "treasury"
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summary: "Convert DAO treasury from volatile SOL/SPL assets to stablecoins to reduce risk and extend operational runway"
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tracked_by: rio
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created: 2026-03-24
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---
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# Dean's List: Approve Treasury De-Risking Strategy
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## Summary
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Dean's List DAO approved converting its treasury ($75,000-$87,000 at $350 SOL) from volatile SOL and SPL token holdings into stablecoins to reduce risk and extend operational runway. The proposal argued this would increase probability of DAO survival from 50% to 90% and boost FDV by 5-20% through improved market confidence in financial prudence.
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## Market Data
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- **Outcome:** Passed
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- **Proposal Account:** 4gaJ8bi1gpNEx6xSSsepjVBM6GXqTDfLbiUbzXbARHW1
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- **Duration:** 2024-12-02 to 2024-12-05
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## Significance
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Demonstrates futarchy-governed treasury risk management where the market validated a conservative financial strategy. The explicit framing of survival probability (50% → 90%) and FDV impact scenarios shows sophisticated quantitative governance reasoning for a small DAO.
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## Relationship to KB
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- [[deans-list]] — parent entity, treasury management
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- [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]] — treasury management pattern
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## Full Proposal Text
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*Source: futard.io, tabled 2024-12-02*
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### Impact of De-Risking DL DAO Treasury on Longevity and FDV
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#### 1. Longevity Analysis
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Treasury valued between $75,000 and $87,000 at $350 SOL (without DEAN in consideration), proposed to be converted into stablecoins.
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- Before de-risking: 50% survival probability (subject to market volatility)
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- After de-risking: 90% survival probability (stable reserves secured)
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- De-risking increases probability of DAO longevity by 40 percentage points
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#### 2. Impact on Fully Diluted Valuation
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Current FDV: $500,000 (Conservative to accommodate proposal duration)
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- Low Confidence Boost (5%): Updated FDV = $525,000
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- High Confidence Boost (20%): Updated FDV = $600,000
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#### 3. TWAP Calculation
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DL DAO FDV: $500,000 → DL DAO FDV + 3%: $515,000
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