Treasury Management Strategy

Summary: The new strategy proposes a change in treasury management from a 100% allocation in USDC to 10% in ETH and 15% in stETH and 75% in USDC. The purpose of this RFF is to gather feedback and opinions from the community regarding this proposed change.

Abstract: Currently, the treasury is allocated 100% in the USDC stablecoin. However, this RFF suggests diversifying the treasury by allocating 10% to ETH and 15% to stETH ( staked Ether).

Motivation: The motivation behind this proposed change is to enhance the treasury's resilience, increase potential returns, and align the treasury with the broader DeFi ecosystem. By diversifying the allocation, the treasury can benefit from the growth potential of both ETH and stETH, while still maintaining a majority stablecoin position.

Specification: Shifting 10% of the treasury allocation from USDC to ETH. Allocating 15% of the treasury to stETH. Maintaining a 75% allocation in USDC to preserve stability.

Implementation: Sector Finance will take a dollar cost average (DCA) approach and shift the treasury to the new ETH and stETH allocation over a period of three to six months.

start

July 4, 2023

12:45 AM

end

July 6, 2023

12:45 AM

Voting

off-chain

Voting type

single-choice

Voters

Votes

30,601

Final Votes

closed

For

30.6K veSECT

100%

Against

0 veSECT

item label

Placeholder title of a dao proposal

DAO name

0x000000000000

Mon 00, 2024 00:00

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Voting

100,000

Voting type

100,000

Starts in

100,000

Voters

1,000,000

Votes

1,000,000

Votes

Choice label

TICKER

100%

Choice label

TICKER

100%

Choice label

TICKER

100%