Zunami DAO Vote Id:3

Zunami Team offers to launch treasury to cover operating expenses (deposit and withdrawal optimization, auto-compound…), accumulate funds for future endeavors and reduce risks by creating a clear system for compensating losses.



Description: 
Zunami, like any decentralized protocol, needs the means to scale business activities, as well as to carry out routine operational actions on the blockchain infrastructure (auto-compound, deposit/withdraw optimization, cross-chain liquidity providing etc). In these difficult times, we have already demonstrated to DeFi community that Zunami can stay ahead of the market (the most profitable and the cheapest to use solution), but to enable further development, we are forced to start compensating part of the costs through user fees.



The cryptocurrency market is extremely volatile by its nature and becomes especially risky during  periods of bear onslaughts. Falling markets are characterized by reduced retail inflows, declining interest in the DeFi segment, declining rates of return, and a huge outflow of liquidity. We are already seeing that the TVL of the DeFi market experienced a formidable decline that decreased its total volume by 3 times (from $210 to $70 billion). All of these events are pushing the risks in existing DeFi solutions to their limits. Having considered all the options carefully, we offer a DAO solution to create a treasury, one of whose tasks is to accumulate funds that will be used to cover losses in the event of an emergency.



The purpose of creating a tresuary is to accumulate funds, that can be used to finance development, pay operating expenses (auto-compound, deposit / withdraw optimization), purchase tokens of other DAOs, and for compensation in the event of an emergency that resulted in the loss of user funds.




Benefits:

• Reduction of risks, availability of funds for payment in case of force majeure, a clear system for compensating losses;
• Accumulation of funds for the development of DAO.
• Сover operating expenses (deposit and withdrawal optimization, auto-compounding, cross-chain liquidity providing, rebalancing)




Action

• The introduction of a 15% performance fee, which is taken from the income of depositors with auto-compound and distributed to the tresuary.