The Treasury currently holds various assets that need to be put to work. We are calling on the community to vote on this Asset Investment Proposal to take the current investments, and put them to use in staking pools so that the Treasury can earn on these assets or use them for strategic purposes. This is a community vote, all that is needed is a yes or no.
This proposal will summarize the treasury investments and where we think is the best place to put them.
We propose to allocate the following investments to the protocols linked below:
$ETH - https://lite.instadapp.io/ for 9.3% APR $DOT - https://planet.finance/ for 13.7% APY $MATIC - https://planet.finance/ for 9.9% APY
In relation to our stable coins, we propose that all stables except those required for working capital be converted to $UST and deposited with Anchor Protocol (https://app.anchorprotocol.com/) for 19.5%. We view this as the safest risk adjusted return.
The remaining investments will be used for strategic liquidity purposes. We will make adjustments to these remaining assets depending on protocol needs and where we expect to generate the best return for the protocol as a whole.