Proposed Plan for Treasury/Rewards/Community Growth. (March 2023)

We would like to propose an idea to split the rewards for this month's DAO Rewards (30% of DAO Staking Rewards). First we will deduct the monthly expenses and the remaining amount will be divided by 2 (50/50). So when we get a chance to buy OP and DOT we can. For OP we have XDAO multisig and for DOT we need a council member to have custody of this asset. Which is going to be @VD_546 | ASTAR DEGENS ( AD Founder & Council Member ).

Secondly, the funds will remain on XDAO until we purchase our assets ( But in Stable Coins ). Once we find purchase opportunities, Like cheap/downtrend of markets. Then we will withdraw and purchase these assets. The person who is going to buy these assets has to provide screenshots of transactions/logs and including withdrawal fees. Once these assets are in XDAO we will add these asset to our monthly audit sheets. The DOT address where funds will be held should be shared with the DAO/community.

The assets purchase plan can get changed if the Council agrees with the situation/recommendations/proposals (ie other than OP/DOT etc.). We have exactly 6 months starting from March 2023 to buy these assets to strengthen our DAO Treasury. ( This proposal is only for use of monthly 30% Staking DAO Rewards not for AD main treasury which is on stake. )

Please feel free to vote for this method to move forward.

I urge Astar Degens Community members to vote as they see fit.

https://discord.com/channels/936227262053904385/982087250298929153/1084858893378801777