Active Treasury Management

At time of writing we have ~ $82,000 worth of assets across our various onchain Safes and Fiat account.

We haven't had any strict rules on how these assets are allocated, but our Stewards have aimed to have at least half the worth of our assets in stablecoins.

I would like to more explicitly define guidelines for management of the treasury.

1. Aim to have at least 50% of total assets in stablecoins or fiat, evaluated and rebalanced on a monthly basis in step with the operations focused Monthly Member Meetings.

2. Stewards are responsible for allocating the remaining assets to gain exposure to the web3 ecosystem. Currently we allocate it all to ETH, or occasionally hold assets from sponsorship until we get around to converting them to stablecoins.

3. Maintain 6 months of runway in unstaked stablecoins, allocate the remainder to be staked into a yield bearing protocol - the most stable and reliable option with competitive yield. The Stewards can choose the protocol, but to begin with, I would suggest Aave, which has a 7.84% yield on USDC at the moment.

4. Establish a longterm goal for the organization of reaching 500k USD in assets staked. This would provide the DAO with an adequate yearly yield to continue operating indefinitely under our current burn rate.