Aavegotchi

Author(s): Octav Team (15259) Quorum Requirement: 20% (9M) Vote Duration: 14 days XP Reward: 10 XP for each Aavegotchi in voter’s wallet Discussion Link: https://discord.com/channels/732491344970383370/1264985485512806410

Summary

Octav proposes to provide monthly treasury reconciliation and reporting services for Aavegotchi DAO, offering detailed transparency reports that include key performance indicators (KPIs), wallet positions, and protocol deposits. The service aims to enhance stakeholder awareness through balance reports and revenue inflow information.

Motivation

This initiative addresses the need for enhanced transparency and accountability within Aavegotchi DAO. By providing regular, data-centric reports and the ability to view any transaction performed by the Directors, we aim to keep the community informed about the financial health and strategic decisions of the DAO.

Specification & Implementation

Octav will deliver 12 monthly treasury holdings breakdown reports for Aavegotchi DAO, each analysing key metrics and fundamental treasury data.

The reports will cover:

• Key Metrics Report: Total funds, wallet positions, protocol positions, total funds by category, and total funds by network.
• Wallet Positions Report: Detailed breakdown of all tokens in treasury wallets, including balance, value, percentage, and network.
• Protocol Positions Report: Detailed breakdown of protocol deposits, including staked amount, yield, protocol, balance, and value.
• PDF and CSV: The treasury reports will be shared as both a PDF and CSV and can be imported to other dapps/treasury tracking software to enhance compliance.

Example report

Aavegotchi Treasury Dashboard and Transaction History

DAO Directors (or DAO treasurer) will label and reconcile transactions done by the treasury to enhance transparency and accuracy. Holders can view balances and reports at any time.

Initial Pricing Offer

The service is priced at $360 per wallet for a 1-year subscription, covering 10 treasury wallets (9 paid, 1 free) and 12 monthly breakdown reports. The total payment will be $3240. Payment will be made in USDC (Mainnet) to an address specified by the Octav team following approval.

Onboarding

The Aavegotchi DAO treasury wallets are already integrated with Octav, and the first paid report is set to be generated on September 1st, 2024, with August provided free. Octav will collaborate with Aavegotchi DAO monthly to gather feedback and continuously improve the platform’s transparency features.

Wallets

Low txs wallets receive a free pro account. This list was chosen in collaboration with Maxicrouton (Aavegotchi DAO Treasurer and Director) to fit the DAO’s needs.

Paid Pro Addresses

ETH Treasury 0x53c3CA81EA03001a350166D2Cc0fcd9d4c1b7B62 Liquidity Wallet 0x62DE034b1A69eF853c9d0D8a33D26DF5cF26682E Rewards Wallet 0x8c8E076Cd7D2A17Ba2a5e5AF7036c2b2B7F790f6 Polygon Treasury 0x939b67F6F6BE63E09B0258621c5A24eecB92631c Rarity Farming Baazaar fees 0x27DF5C6dcd360f372e23d5e63645eC0072D0C098 DAO Baazaar fees + Gotchiverse crafting fees 0xb208f8bb431f580cc4b216826affb128cd1431ab Bonding Curve fees 0xFFE6280ae4E864D9aF836B562359FD828EcE8020 Gotchiverse Player Rewards 0x48eA1d45142fC645fDcf78C133Ac082eF159Fe14 ATF wallet 0x921D8FDF089775D5AC61b2d6e8f34F1edd554D8f

Free Addresses (Low tx count)

DTF Wallet 0x6fb7e0AAFBa16396Ad6c1046027717bcA25F821f

Term

The term for these services is 1 year, with a renewal option to be discussed at the end of the period.

Rationale

The proposed reporting service and reconciliation features are designed to provide maximum transparency and accountability for the Aavegotchi DAO treasury. This solution was chosen over others due to Octav’s existing integration with Aavegotchi DAO wallets and our commitment to delivering comprehensive, user-friendly reports that facilitate community engagement and trust.

Downside (Cons)

There are no significant disadvantages anticipated with this proposal. However, there may be minor implementation challenges associated with integrating feedback and ensuring reports meet all stakeholder requirements. Voting: A “yes” vote will approve the proposal to implement Octav’s treasury reconciliation and reporting services for Aavegotchi DAO, while a “no” vote will reject it.