The p5-1 vote is over, and we have 3 winning strategies.
Now we need to decide the ratio between 3 strategies.
How to vote on scattershot:
P.S. The treasury currently holds: SushiSwap LP - 58.5k USD UMA token 2.3k (approx 58.2k USD) USDC - 73k USDC (approx 40k will go to the farming participants)
P.S.S. If it is decided to put 50% of the treasury to SushiSwap additional UMA tokens will be sold to fit the ratio on SushiSwap NOT 50% of the "free" UMA tokens
-Strategy 1 SushiSwap (23% in Sushi + trading fees) Mcap-2,2Bil; FDV-3,6Bil Action: Sell 50% UMA for ETH supply liquidity on SushiSwap Future: stake Sushi for xSushi (5% APY), which could be deposited on Aave and used to borrow assets.
-Strategy 2 Jarvis Farm (N/A) Mcap-20Mil; FDV-95Mil Action: Sell UMA for USDC and jFiat, participate in Jarvis Farming Future: Treasury can accumulate JRT (do not mix with the JRT for rewards) which could be used to ming jFiat.
-Strategy 3 Alchemix (CRV+EPS) CRV (Mcap-973Mil; FDV-10,9Bil) ESP (Mcap-353Mil; FDV-3,2Bil) Action: Sell UMA for DAI, mint alUSD (50% of the deposit), use alUSD to buy CRV, stake CRV for 4 years. Future: Accumulated CRV could be used to participate in Curve governance. *Alchemix allows us to get the future yield upfront therefore we can risk this money