Details
Time: Tuesdays at 9:00 am ET (1pm UTC)
Google Meet Link: meet.google.com/bms-grvp-jbw
Stewards:
- @5pence.eth (5pence.eth | X), Lead Steward
- @alextnetto.eth (netto.eth | X)
- @daostrat.eth (daostrat.eth| X)
Agenda
- Weekly Endowment Updates (@karpatkey + @Steakhouse)
- General DAO Updates Section
2.1 SPP - Open Discussion
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1. Weekly Endowment Updates (@karpatkey + @Steakhouse)
- AUM at $98.6M.
- ETH to stablecoin ratio is around 25 to 75%.
- DeFi results:
- $47k generated from stablecoin positions.
- $30k from ETH positions.
- Stablecoin rates on AAVE and Compound have decreased from 8-10% to 4-5%.
- Last week’s suggestion – keeping Lido exposure below 10%.
- Rebalanced and now Lido exposure is at 6.6%.
- Added to Stater and Stakewise for diversification.
- TWAPs running as planned
- PUR with @blockful ongoing
2. General DAO Updates Sections
2.1 SPP
- Moving forward with the SPP for the Budget snapshot.
- Budget Options
- Options:
- Renew and increase budget to 5.4M
- Renew and maintain budget at 3.6M
- Renew and reduce budget to 1.8M
- Agora can have the UI ready in 6-7 weeks.
Open Discussion
Bi-weekly Strategy and Discussion Call (@estmcmxci)
- Dedicated space for deeper and more structured convos on important topics.
- DAO tooling, protocol needs, and potential collabs in areas like AI, DEFI, R&D, etc.
- Improving delegate engagement, introducing incentives, providing better support for non-technical delegates.
- Facilitating debate on key issues like independent ENSIP editors, AI metadata standards, and the role of non-canonical ENSIPs
- Forum post: Temp-Check: Strategy & Discussion Call (Office Hours)
- Encouraging everyone to chime in and give their thoughts.
Lighthouse
- Shared a draft: [RFC] ENS x Lighthouse - Google Docs