Treasury Management for HanDAO’s ETH Reserves

Treasury Management for HanDAO’s ETH Reserves

HanDAO received a treasury management offer from a well-reputed liquidity manager that is providing a high fixed interest rate in ETH for depositing part of our ETH treasury with them.

The fixed interest will be credited to HanDAO’s wallet each month, and the principal can be redeemed within 24 hours of the initial notice of the request.

This would increase HanDAO’s ETH treasury and allow HanDAO to utilize its interest income for recurring expenses and/or minor grants/sponsorships activities.

Full contract terms can be viewed by asking one of HanDAO lead organizers.

Voting “For” to this proposal would deposit the contracted ETH principal amount to the liquidity manager for fixed-interest monthly income.

Voting “Against” this proposal would keep HanDAO’s ETH in its wallet as is.