Acquiring Physical Assets to Generate Money

OhmThor909

I’m proposing as a DAO that we acquire Real Assets such as Real estate or RIETS or 30 day Dividend yielding RIET stocks which are Tax free legally or Buying controlling shares of Major companies through hostage take overs etc to start bridging crypto to the real world Assets , a DAO is another form of crowd fund for decentralized token holders in my perspective so why Not start acquiring Land or farm Land and start using this money to really start bridging into other avenues?

hoadongtien313

Theo dõi

monteluna

No. I would be against this 100%. To be a decentralized reserve/treasury asset, we really need liquid tokens. These REIT tokens add another layer of complexity that I don't think Olympus needs. We already have Dai that has done some great work to add RWA, but I don't believe Olympus needs to focus on this exclusively. The reality is these aren't really liquid and require lawyers and governments to really sell. It's just not that liquid or interesting to add to the treasury and I wouldn't accept it considering you really need to trust your counterparties.

I would much rather see starting to add some staked ETH within reason, especially as LP tokens versus OHM as the next major collateral onboarded.