• © Goverland Inc. 2026
  • v1.0.8
  • Privacy Policy
  • Terms of Use
Magic Internet MoneyMagic Internet Moneyby0x5EeDA5BDF0A647a7089329428009eCc9CB9451ccabracadabradaoeoa.eth

SAIP #52.1 - Abracadabra DAO treasury farming update

Voting ended over 1 year agoSucceeded

Tldr: The Abracadabra treasury holds ~$10M in stablecoins and plans to enhance financial stability and generate ~$2M+ annually through strategic allocations. Proposed changes include moving $4M from Stargate pools (8% yield) to the MIM-3Crv pool via StakeDAO and Convex (40% yield), maintaining $2M in the deUSD/MIM pool for Elixir liquidity, and keeping $1M in USDs as per SAIP #52. An additional $2M will remain unallocated for future opportunities, with reallocations managed dynamically by treasury signers and subject to DAO approval. While this strategy boosts revenue and MIM stability, it carries smart contract and market risks.

Off-Chain Vote

Yes, Approve SAIP #52.1
8.81B SPELL100%
No, Do Not Approve SAIP #52.1
0 SPELL0%
Quorum:294%
Download mobile app to vote

Discussion

Magic Internet MoneySAIP #52.1 - Abracadabra DAO treasury farming update

Timeline

Dec 02, 2024Proposal created
Dec 03, 2024Proposal vote started
Dec 04, 2024Proposal vote ended
Mar 12, 2025Proposal updated