As the reserve asset, it's critical to grow and diversify the Treasury into strategic assets. Perfectly aligned with the mission and agree that these are solid tokens to acquire. Let's do it!

kombu_takana

  1. The treasury, partnerships and policy team along with key strategic advisors (i.e tetra).
  2. This only frees up to 33% of the RFV, this does not mean we will cap this at all times. Especially because if the token continues to grow then we cannot do anything further until the RFV catches up. We feel 33% of RFV is minimal enough to mitigate any great impact to the overall protocol and gives us the ability to monitor the performance as we allocate bond capacity to it. Keep in mind this is mostly from bond revenue so it's not like we're spending our treasury/excess reserves. TLDR, we want enough to give us significant growth/protocol influence but not so much so that we become over exposed in any one asset.
  3. Reductions will be discussed internally and announced following the decision. The idea is that we want to allocate some bond capacity to allow for flexibility when farming. This is immensely beneficial since there are multiple moves we want to make within the next weeks that it would take many weeks/months to do proposals and discussions for each one to the community. Also, there will be treasury reports in which we can talk about our decisions.

    okthen We can utilize the ETH for various farming strategies like ribbon, lido, rocket pool, etc.

    DegensArcade All of the assets we will be targeting will always go for public vote, we will not be targeting assets that are not approved by the community. Additionally, the majority if not all of the assets we will be targeting will be acquired via bonding which is more so a DCA method of accrual. Meaning, if you see a new bond that we announce and it's one of the strategic assets then everyone has a fair chance at purchasing.

      Agent8 We are still working closely with LOBI, however, they're targeting majority governance tokens. We won't do this for various reasons such as growing our RFV treasury and LP positions with OHM. We do have a sizeable treasury now that we should utilize to grow, otherwise we will have hundreds of millions of dollars just sitting. With that said, we can make strategic decisions on specific assets to accrue via bonding that will bring a lot of utility to the coming projects and OHM ecosystem overall.

      Yella Doesn't change anything with Lobis

      charliechap

      1. We have a significant treasury that we can now use to farm/gain influence in key ecosystems (frax, curve, etc.) which will be very useful for partnerships, future products/services and passive income accrual.
      2. When we announced that we were going to have CVX bonds it grew >30% in value, this can be detrimental to acquiring assets.

      We feel that tell the ohmies which assets we will target and how much bond revenue we will allocate is a good gauge for what/when/how. Additionally, everyone in crypto has an opinion on what they feel is a good choice and it can become very complicated (noise to signal ratio). We're asking you to trust us in these decisions just as you trust us to make the right decisions with policies that support our bonds and treasury!

      To cement it's importance within the ecosystem, this is a no brainer. Is it worthwhile to have the community vote and consider something like a top 20? So there can be some interesting discussions and debates first. This way, it would be difficult to front run anything specifically since it won't be clear which asset the DAO will choose out of the 20? Also, how will the actual asset be chosen? Who will do the choosing? Is there a committee specifically set up and elected for this?

        json knee jerk, i would say ETH! Let's do this

        json

        Awesome, thank you! I think giving the team mobility is definitely important in this circumstance. #trusttheteam

        reginald-grarbs
        I like your approach to solving the front-running issue. As long as we have a list of enough whitelisted assets that the treasury is allowed to buy, we should be pretty safe

        I like the token list offered thus far

        I share the concerns about the Treasury team having biases toward their own bags and/or insider knowledge about upcoming investments. But I understand the problem of publicly disclosing purchases, as well. The combo of having a whitelist of potential investments that the community gets to discuss/approve, and sharing the results after execution is likely a fair enough amount of transparency and community feedback.

          add FLX , there is room for growth there !