GM49.3: Defi-Beats 6 more months of Treasury Management
Author : Defi-Beats
Summary: To extend Defi Beat’s role as Treasurer for the first half of 2023 (January - June 2023)
Stipend: 100$/hr 20 hrs/month 2,000 USD / month
What’s Changing: No proposed changes
Opperations: To assist the DAOs day-to-day operations as it relates to inflows, outflows, and accounting. To work with professionals (Lawyers and Accountants) to ensure we are doing everything by the book.
Treasury Management: The long term goal is to one day have all of gmDAOs monthly expenses be paid for by the conservative yield on our growing treasury. The short term goal is to garner yield without putting the funds in any significant risk (i.e, not to lose any money in any circumstance)
Risks: Investment risks on a small portion of our treasury
Spending treasury on salaries but not seeing any tangible benefits
Day-to-Day Operations:
Monitoring the treasury on a regular basis to spot oddities or opportunities for diversification
Paying contributors and the studio - i.e., wrangling multi sig signers
Updating our accounting software to ensure transactions are tagged appropriately
What Is On The Horizon: Diversifying our treasury by swapping into more stables Assisting with interviewing and selecting our legal team to help the DAO incorporate Managing this team as they work through our specific needs Interviewing and selecting an accounting firm to help us file taxes Providing paperwork to contributors and accounting firms to ensure we are compliant with whatever jurisdiction we end up incorporating in.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x01Fe...c1Da37 | 7 | For |
 0x8917...d370CA | 6 | For |
 0x8F68...2f617b | 5 | For |
 0xD022...2C4e00 | 4 | For |
 0x7EE9...7416dB | 4 | For |
VOTE POWER
Proposal Status
- Mon January 23 2023, 12:00 amVoting Period Starts
- Thu January 26 2023, 12:00 amEnd Voting Period
Current Results
1-For
120
2-Abstain
6