Should treasury seek to outperform ETH or a less volatile benchmark?
The Treasury Farming Committee posted a recap & analysis of its first 100 days: https://forum.piedao.org/t/treasury-farming-committee-recap-first-100-days/1156
From that analysis, the Treasury Farming Committee would like to put the following question for a community vote:
Should alpha be determined from a benchmark of the actual allocation that existed before the TFC was established which would essentially mean that fund must outperform ETH, or from a benchmark of a less volatile allocation (by including some stables) that would lose value vs. ETH during bull runs and gain value vs. ETH during bear runs?
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xF8C8...116D82 | 300,000 | Mixed ETH/stable benchmark |
 0x7993...d390FC | 216,300 | ETH benchmark |
 0x4188...7B0961 | 150,000 | Mixed ETH/stable benchmark |
 0x1676...D4F102 | 124,483 | ETH benchmark |
 0x64B7...02Cb66 | 111,656 | Mixed ETH/stable benchmark |
VOTE POWER
Proposal Status
- Tue November 23 2021, 03:47 pmVoting Period Starts
- Thu November 25 2021, 03:47 pmEnd Voting Period
Current Results
1-Mixed ETH/stable benchmark
1.081M
2-ETH benchmark
1.066M
3-Abstain / I don't know
735.132