The Y2K DAO treasury has been steadily growing since the start of the IFO period, thanks to the fees generated by the vaults.
We propose that the treasury be managed by a Treasury Committee consisting of the internal policy DAO contributors.
The Treasury Committee will manage the treasury in order to:
- Derisk assets received by the treasury (e.g. yield, fees)
- Increase capital efficiency of treasury assets while managing risk
- Facilitate the distribution of fees to vlY2K holders (see YIP#1)
- Facilitate DAO to DAO treasury swaps, seed investments and bonding
- Invest in assets that are strategic to the protocol
- DAO operational needs (e.g. seeding liquidity pools, paying for audits)