SUMMARY

Deposit $70K-$90K of JARVIS and $$70-$90K of ETH into Aerobase on the L2 Base, and into Ellipsis on the L1 BSC, stake the LP tokens into their respective gauges (using Beefy on Base and Dotdot on BSC), and join the flywheels (i.e. each week the treasury should deposits voting rewards in USDC or USDT, vote for its own pool and recycle the voting rewards it claims).

#Rationale

At the time of writting, the treasury holds ±$1.3M of assets, incl. $340K of various tokens ($270K of liquid token, $70K of veAPW that will be unlocked at the end of June,) and stablecoins, $400K of JARVIS $570K of ve-token (ve and veNFT) and vl-token.

In terms of risk management, $70K represents ±25% of the liquid treasury, and $90K represents ±25% of the liquid treasury + the veAPW, or + 20% of the value of the veNFT the treasury holds.

A small portion of this treasury is used to generate yield. For now, the treasury votes and recycle the bribes it collects every week, on various ve3,3 and ve DEXes, but does not generate yield from it.

The yield generated through its treasury could be used for many purposes, like repaying the bad debt on Polygon, paying active DAO members, sharing revenues with stJARVIS holders, and more generally grow our treasury.

At this stage, the focus should be to grow the treasury in order to generate more yield, and to compound this yield.

We have different flywheels in place, for jFIATs and JARVIS LPs, with the one on Dotdot and Aerodrome the most effective and with the most participants to date and has therefore been chosen for the treasury to join its first flywheel.

Investing $70K will allow to have more free capital for other strategies and flywheels; investing $90K will funnel more capital into our two battle-tested and most profitable flywheels.

#Execution

We need to gather $70K- $90K of ETH and $70K-$90K of JARVIS. To facilitate the process, the treasury should transfer to Jarvis LTD 0xc31249BA48763dF46388BA5C4E7565d62ed4801C depending on the outcome of the vote ($70K or $90K):

• All of the of the ETH in various forms and networks (stETH, wstETH, WETH, ETH etc.) amounting for ±$7.6K.
• All the BNB amounting ±5.9K.
• All the BTC amounting ±2.2K.
• All of the MATIC in various forms but in stMATIC (MATIC, WMATIC) amounting ±$13K.
• All the OP amounting ±$7.5K.
• All the EPX amounting ±$2.8K.
• All the MAV amounting ±$3.1K.
• All the VELO, AERO, APW, auraBAL, COW, ARB, etc. amounting ±$6.1K
• All the USDC from the USDC-jEUR Synthereum liquidity pool on Polygon amounting ±$32.7K.
• All the BRZ amounting ±$5K.
• All the USDC on Polygon amounting ±$5K.
• $70K-$90K worth of JARVIS. 
 Jarvis LTD will proceeds to sell the assets for ETH, bridge the ETH and JARVIS on the BSC and Base networks, deposits the liquidity and stake it through minting stJARVIS on BSC and through Beefy on Base, and send the stJARVIS and mooJARVIS-ETH back to the treasury.

Each week, the treasury should claim its rewards, sell them for USDC/USDT, vote for the pools it participates in, claim the voting rewards, and deposits voting rewards (by recycling what it claims + a % of its liquidity deposited).

The USDC/USDT that are left (the profits) should be swapped each week for JARVIS + ETH which will be redeposited into the pools to increase the position of the treasury. This compounding strategy will be used until it is voted differently. This strategy aims at growing the liquidity and the treasury of Jarvis Network.
These transactions will only occur on BSC, since we will use the Beefy vault on Aerodrome that automates all these steps.

#VOTE YES $140K - transfer ±$70K the assets and $70K of JARVIS to Jarvis LTD, in order to create two positions on BSC and Base, to join their respective JARVIS-ETH flywheels. YES $180K - transfer ±$90K the assets and $90K of JARVIS to Jarvis LTD, in order to create two positions on BSC and Base, to join their respective JARVIS-ETH flywheels. NO - do nothing.