LIP 58: LXDAO Treasury Fund Management Proposal

TL:DR

Currently, part of the LXDAO treasury funds have been transferred to OP, and the funds on OP have been transferred to sub-treasuries. The timing is mature to place the on-chain assets into AAVE.io for lending and earning interest.

Background

Currently, LXDAO’s ETH treasury has nearly $138,000 in balance:

Etherscan

The LXDAO OP treasury has $51,900:

Safe Global

Forge’s OP sub-treasury has $23,200:

Safe Global

Operation WG’s sub-treasury has $26,900:

Safe Global

Governance WG’s sub-treasury has $13,900:

Safe Global

Total: $253,900

According to Aave’s USDC data, the average APR over the past year is 7.72%.

Due to recent market volatility and significant liquidations, rates have dropped but are slowly recovering. The average APR over the past month is 5.66%.

Currently, the APY is 3.61%, which translates to an APR of 3.54%. ||apr 3.54|apr 5.66| | --- | --- | --- | |One Year|8988.06|14370.74| |One Month|738.74|1181.15|

It is evident that even the earnings from one month could provide a small bounty for incentivizing activities.

Execution

1. Transfer the stablecoins from the main treasury to the OP network.（Leave 10000-20000 USDC as reserve fund）

2. Convert the stablecoins on the OP network to USDC and deposit them into Aave.

3. Each sub-treasury group will decide whether to deposit their USDC into Aave.

关于LXDAO 国库资金理财的想法 草案

TL;DR

目前 LXDAO 的国库资金已经部分转移至 OP，且已经将 OP上的资金 转移至子国库。时机也已经比较成熟，将链上的资产放置** AAVE.io **中 进行放贷生息。

Background

目前 LXDAO 的 Eth 国库有将近 138000U 的余额 https://etherscan.io/address/0xB45e9F74D0a35fE1aa0B78feA03877EF96ae8dd2#tokentxns

LXDAO 的 OP 国库有 51900U https://app.safe.global/home?safe=oeth:0x2C6360a6a376111fe004F50086b05D0d1596F24F

Forge 的 OP 子国库有 23200U

https://app.safe.global/home?safe=oeth:0x2491d138b18AEd4429bDF9e98cAE003d57F4e4fC

Operation WG 的子国库有 26900U

https://app.safe.global/home?safe=oeth:0x1484c531F75f30E98E2459a5b0BFa03b418634D1

Governance WG 的子国库有 13900U

https://app.safe.global/home?safe=oeth:0xdF97e3B46b781cE47d84f9F2767535d9104D2F00

总计 253900U

按照 AAVE 的 USDC 数据显示近一年的 平均 Apr 在7.72%

由于最近暴跌清算量较大，但是慢慢会进行回升

按照最近一个月的平均 Apr 也有 5.66%

故按照现在的 Apy 3.61% 折算 apr 也有 3.54%

||apr 3.54|apr 5.66| | --- | --- | --- | |一年|8988.06|14370.74| |一个月|738.74|1181.15|

可见 这一个月的收益都可以给一个小的 Bounty 去做一些激励了。

Execution

1.将主国库的稳定币 进行跨链至 OP 网络（留10000-20000 USDC 作为备用金）

2.将 OP 网络的稳定币换成 USDC 放入 AAVE 当中。

3.子国库的 USDC 由小组内来决定是否放入。