Title: Treasury Department Funding Request - Season 9

Authors: baer.eth, Icedcool, Gruad

Date created: 7/20/23

Date posted: 7/22/23

Funds requested: 285,000 BANK + 2,000 USDC

Department wallet: eth: 0x31016FFCEBFf16C20E74A8610f1650DCB5c01Df3

SUMMARY

The Treasury Department is an operational unit meant to serve as a necessary organisation of the BanklessDAO. Treasury Management and Tokenomics are facilitators and enablers for operational entities such as working groups and teams to its operational sub-departments.

S8 Summary

The Treasury Department has worked towards giving a financial overview of BanklessDAO and its Departments. Additionally, the Treasury Department oversees tokenomic operations and monitors and manages all integrations related to BANK.

Activities from Season 8

  1. Treasury Management
    1. Accounting
      1. Updating the financial reports
    2. Treasury diversification group
      1. Exploring options to put Treasury Assets to use
        1. BANK/WETH Dynamic Liquidity
        2. Stable asset yield
  2. Tokenomics
    1. Weekly analysis on BANK economic infrastructure
    2. Developed tokenomics 1.0 for BANK
      1. tlBANK
        1. LIVE!
      2. Season pass
        1. In progress and debate
      3. Guest pass
        1. In progress and debate
    3. Optimism Liquidity
      1. Draft!
    4. Reclaim liquidity
      1. Link

Working groups:

Treasury Management Department