Change Yield Mechanic (Treasury Allocation)

Proposal Type: Core

Creator: Oleg Relic Type (Optional): Archmage

Overview: Keep the monthly yield airdrop portion going to the DAO treasury (20%) in a better liquid asset/stable instead of MAGE tokens to improve the investment strength to allocate more capital into products and projects.

Additional Details:

Background: At the beginning of every month, the total yield collected by play-to-earn models and their assets will be used to buy the MAGE token at market price. After the market purchase, MAGE tokens will be burned, added to the treasury, and the majority will be airdropped to the MAGE Relic NFT owners. See WP for more details: https://whitepaper.metabrands.io/airdrops

My proposal has the goal of making better use of the 20% portion going to the DAO Treasury by keeping the profits in a high cap (or even better in stables) instead of buying mage tokens from the market.

This has several, positive reasons and one disadvantage:

• Adding MAGE tokens to the balance sheet, just "locks" the value (if i may call it) since we don't sell or lend the tokens as there is not enough liquidity on the market without pushing the price too much.
• DAO treasury already holds more than 50% of its total capitalization in MAGE tokens - this is already a very good balance, i don't see any reason to increase it even further. Reference : https://apeboard.finance/dashboard/APE-4G7NY8
• By keeping the yield in stables, we can invest in more projects, execute DCA strategies, or build passive income streams - where the direction is decided by the DAO as usual, but we have more room to grow. --

• At first it may look like buying less MAGE tokens from the market is a bad thing in term of price and supply, but we quickly can find counter-arguments:

1. The percentage for MAGE Relic owners as well as the burn ratio remains the same - 75% / 5% of the yield. On the other side, higher working capital/generated yield means accordingly more MAGE tokens are still bought and distributed, just through an other way (which is actually an other advantage for relic holders and removing supply)
2. With MAGE staking being ready for release anytime the DAO decides, we have a huge tool in the hindquarters to lock circulating supply, which is definitely a possible hedge in case the rate of deflation is not good enough from DAO perspective (self speaking and complementary similar to the relic minting being a tool since day one).

Timeline: Starting with next yield distribution.

Bounty/Payment: none

Receiver: MetaBrands DAO Treasury

Final Notes: More important than the actual proposal, we should also use the capital and invest it into passive income options that produce less but stable/calculable yields, so I encourage every MAGE token holder and MAGE Relic owner to create resource proposals.