Scope: The strategy team has effectively utilized new and exciting innovations and has created value out of idle assets sitting in the treasury. This innovation, known as FHUD allowed FHM to create a network of investment capital that grows day by day. This has originated from the minds of experts in traditional finance and Venture Capitalism. This was not easy to figure out methodology. Which is why we believe and therefore recommend that the strategy team continues to manage the treasury asset allocations.
Coming from years of experience inside traditional finance, Venture Capitalism environments, and following crypto since its inception. The strategy team has used all of our collective expertise to push the protocol forwards, grow the treasury and create strategies to increase the longevity of the protocol and the DAO. The strategy team is proposing that this is an opportunity for the community to decide whether the strategy team should continue to keep using our ideas and visions of FHM and manage the treasury with oversight of the multi-sig. No investments can be made without approval from the multi-sig so therefore the strategy team will still have strong oversight. All asset allocations go through a process of internal discussion and internal oversight. Since the treasury value is maintained with FHUD, the asset allocations do not have to be extreme or drastic. As even $1 gain is $1 that we would not have had before with idle stablecoins sitting in the treasury. Meanwhile, because of this innovation, we still have the intrinsic value of the DAI that we started out with, because of the swap with FHUD, Nothing is lost, all is gained. This is an amazing feat in itself and therefore we believe that the strategy team is qualified to continue to manage the treasury in an already efficient manner.
Objective: Allow the strategy team to execute efficiently treasury management when required with oversight of the multi-sig.