Treasury assets as of today - September 17th, 2021
Excess Reserves: $46M
Investable Reserves under OIP-20: $15.2M
Aave aDAI: Increase base allocation from $1m to $5.5m
Convex FRAX: Increase allocation from $333k to $4.7m
Compound cDAI: Once OIP approved, allocate $5m to Compound. In the mean time, deposit this allocation to Aave
Yield as of today:
aDAI - 3.23% + 1.21% stkAAVE
cvxFRAX - 0.27% + 9.28% CRV + 12.22% CVX + 0.77% FXS
cDAI - 2.75% + 1.42% COMP
Considerations:
* Aave allocation of $10.5m pending Compound whitelisting represents 69% of Investable Reserves
* Convex allocation of Frax represents 58% of our bare reserve FRAX