YIP-23: Elect @Krugman as Yam Dao Set Portfolio Manager
Title: YIP-23: Elect @Krugman as Yam Dao Set Portfolio Manager
Author: Core Yam Team
Forum discussions:
YIP: Yam Contributor Manifesto and Compensation Revised 12.1.2020 YAM Investment Portfolio Update #2
Basic Summary
Hi Yam Fam, I @Krugman am applying as Yam Dao Set Portfolio Manager
Abstract
Operations Manager Role and Responsibilities (Part-Time Position)
• Yam Dao Set portfolio management - responsible for building and maintaining smart contracts and UI for YDS. • Portfolio risk management and rebalancing based on governance set guardrails. • YDS Product and partnership development
Requested Pay: $2,500 USD and 416.67 Yam/mo (1 Year Vesting BoU Yam)
Biography + Skills and Experience:
Krugman is a full stack software developer by profession. He has spent the last decade as a retail trader and has experience with Forex, futures, options, options on futures, equities and crypto. He entered the crypto space in 2019 and joined TokenSets as a premiere trader. He quickly rose to the top of the leaderboards in total buyers, AUM and performance. He regularly participates in governance across multiple DeFi protocols. • Working with TokenSets to build out the functional and technical requirements noted above. • He will be directly involved in building the smart contracts needed. • Was a launch-day social trader on tokensets and is ranked #2 by total AUM. • Trading since 2013 with experience in cryptocurrency, FX, futures, options and equities. • Been a core contributor with Yam since the beginning.
A word from Aaron:
I am honored to be nominated and considered for the position of Yam Dao Set Portfolio manager. Ever since entering the DeFi space in 2019 I have become very passionate about centralized finance. That journey began with me registering as a social trader on TokenSets in early 2020 and developing some of the largest AUM and highest yielding social sets to date. This journey has culminated in me becoming a major advocate of DeFi where I often write detailed technical write-ups of various DeFi topics and have even been inspired to start a YouTube channel where I plan on creating a hub of video tutorials to help onboard the next generation of decentralized finance users.
While I have felt drawn to many things (teaching, writing articles, videos, etc.) my strongest passions have always been with software development and financial markets. That fact is clear over my decade plus experience as both a full stack software developer as well as a trader and student of global markets. This position as the Yam Dao Set Portfolio Manager gives me an opportunity to use those passions and skills to help further the goals of the Yam dao and wider Yam community. I believe that the future of Yam is very bright and this community has much to look forward to in the years ahead.
Thank you for considering me for this position and the responsibilities and duties it entails.
What I’ve done for Yam:
YAM Investment PortfolioDescription and Current Road Map
YDS Purchase of $125k additional ETH and $250k wBTC and Tail Risk Management
Voting:
- Elect Krugman as YDS Portfolio Manager
- Do not approve Quorum requirements: 200,000 BoU Yams
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x0525...2f43f4 | 213,742 | Elect Krugman as YDS Portfolio Manager |
0x4649...ea392e | 205,883 | Elect Krugman as YDS Portfolio Manager |
0x70BA...E86Ef6 | 12,337 | Elect Krugman as YDS Portfolio Manager |
0xEC32...Ecb7F2 | 11,883 | Elect Krugman as YDS Portfolio Manager |
0x41Bc...27C56d | 7,301 | Elect Krugman as YDS Portfolio Manager |
VOTE POWER
Proposal Status
- Sun December 06 2020, 10:00 pmVoting Period Starts
- Tue December 08 2020, 10:00 pmEnd Voting Period
Current Results
1-Elect Krugman as YDS Portfolio Manager
483,856.598
2-Do not approve
2,384.433
