P6-1 Treasury June

Ave!

The time has come to vote on treasury allocation for the month of June.

This is the first vote to decide if we want to keep the allocation "as is" or change some of the parameters.

Allocated funds: Sushiswap (UMA/ETH): 539.5 UMA / 2.65 WETH ($13,195.42) Jarvis Farm (jCHF/USDC): 18,499 USDC / 16,256 jCHF ($32,785) Alchemix: 46,411 DAI (-23,205 alUSDC loan) Curve: 6,582 CRV staked and locked for 4y ($14,743.68) Total in USD: $60,724.1

Unallocated funds + Claimed tokens (as of 11.06): UMA left from May: 1,222.5 UMA left for treasury (minus farming and LP rewards): 3,679.5

Total UMA 4,902 ($59,682) Sushi: 103.166 ($941.42) Ellipsis (BSC): 290 EPS ($197.2) Curve: 175.26 CRV ($380.31) Jarvis: 0.15 AUR ($472.68) USDC left for treasury (minus farming rewards): 3,300.71 DAI (from alchemix): 1,100

Total in USD: 66,074.32

P.S. With the introduction of the Bank contract, we can now mint jFiat with UMA, which could be used as an alternative to selling UMA tokens. P.S.S. There is a discussion on Discord on whether we should use some of the treasury JRT to create a Balancer 90/10 pool and incentivize LPs to increase JRT liquidity on the market.