TIP-058: [Pilot] Aera for Threshold

This is a temp check snapshot for TIP 58. If successful this proposal will move into a full Threshold DAO token holder DAO Governor Bravo cycle.

Summary:

The Gauntlet team recently launched Aera, an autonomous treasury management protocol. This post is a temperature check to assess the community’s appetite to allocate funds to the Treasury Guild to trial Aera.

Overview of Aera:

Aera is a solution for optimizing DAO funds autonomously and onchain. For most DAOs, treasury funds (e.g. reserves, treasuries, safety modules) are not actively managed or adjusted based on market conditions. For DAOs, this can lead to an inability to maintain runway, cover liabilities, and benefit from growth in the market. Traditional institutions can allocate funds to more nimble managers who make day-to-day decisions, but DAOs face challenges with this model such as cumbersome governance, incentive alignment and trust with external managers.

Aera provides DAOs with a non-custodial solution for managing treasury funds efficiently and transparently. The Aera protocol consists of vaults, which are constructed on a per-protocol basis and can hold various digital assets. The portfolio strategy of the vault is determined by us and is highly customizable. Strategies can range from simply keeping fund proportions in line with liabilities, to complex strategies using Liquidity positions to provide POL.

Vaults are automatically rebalanced by Vault Guardians who compete onchain to propose the best combination of assets in the portfolio.

Full Details for this proposal including Motivation, Implementation, FAQs and more is found on the governance forums here -

https://forum.threshold.network/t/tip-058-pilot-aera-for-threshold/658