Treasury Diversification Working Group Update - 3/19/2022

Treasury Diversification Working Group Update - 3/19/2022

Update from Last Week

  • Reached out to more DAOs, VCs, and other potential candidates to have initial conversations
  • Narrowed down potential lead partners and scheduled calls with them.
  • Continued our weekly working group call to sync on updates and discuss terms and partnership structure.
  • Explored various pricing options for the diversification.
  • Continued initial calls with interested strategic partners.

Plan for This Week

  • Process any new form submissions.
  • Continue to have initial calls and follow up calls with partners.
  • Discuss any updates in our weekly meeting.
  • Share any conflicts of interest (as defined in our Ethics Policy in forum post 2).

Asks from the Community
If you’d like to recommend a candidate strategic partner, please leave a comment on the second forum post or contact a member of the working group. If you have other questions or feedback, please feel free to leave a comment on this thread!



Glad to see the momentum continue! Has the group explored a partnership with Fei Protocol? Their liquidity-as-a-service model is really interesting and seems like a natural match for part of what this working group is seeking to achieve.

*edit - if not and if the WG has interest, I could explore this further

Would love more details, or a tl;dr if they have one :slight_smile:

Thanks @Lunacat! We haven’t explored using LaaS for this diversification as we’re focused on finding the right long term strategic partners for Gitcoin DAO, which we feel can be best accomplished through the WG.

Echoing Kyle, it’d be great to hear more about what you’re thinking. Could you elaborate on how you see LaaS fitting into our goals here? GTC trades about $20m of volume daily so liquidity hasn’t been a huge concern.