Submitting this proposal in the capacity of treasurer / accounting role for DXdao.
18th of May to 18th of the July.
- Q2 report
- Treasury diversification
- Yielding with treasury funds
- Rep syncing across L2s
- Regular treasury responsibilities
One of the main upcoming deliverables will be the Q2 report early July - working on improving and providing more information in the report compared to our Q1 report. I’m currently also working, and will continue to work, on executing the treasury diversification proposal - and will likely submit a new one as we fill this most recent one. Part of the treasury diversification proposal also includes moving some funds into yielding protocols - which I plan to do as soon as the new Multicall installations are executed.
I also synced up with @AugustoL about the REP syncing issues which arise with moving to L2s. We plan to work on REP distribution analysis, to be able to quantify issued REP, locate where it was issued, and also keep track of unissued REP. We will propose a plan to manage the process of syncing REP - likely on a regular schedule i.e. every Quarter.
The regular treasury responsibilities include the governance gas refunds, the multi-sig refunds. Ensuring our treasuries (mainly xDAI base) has enough liquidity to stay operational and keeping overall track of outflows and inflows of the treasury.
I believe I’ve delivered satisfactory work and done so on time. I’m happy with the positive response to the Q1 report - and am excited to start working on Q2 report. Overall I still need to get some deeper knowledge of web3 in general, I’ve mostly been working with APIs from etherscan and coingecko - but want to start using more established APIs to also interact with contracts directly.
I also went up one level in experience compared to the last worker proposal, I believe I’ve demonstrated I’m able to work independently and deliver on what I proposed in my previous WP and also think I’ve gained a lot more knowledge of DXdao over the past 2.5 months.
- Experience Level: 4
- Time commitment: 70%
DAI 9800 for 2 months, 1/2 to be sent on the first payment proposal and 1/2 on the second payment proposal
DXD $7000 based on the all-time high of DXD of $523.77 i.e. 13.36DXD using 18th May 2021 as starting period for the vesting.
REP 0.23% for 2 months, 1/2 to be sent on the first payment proposal and 1/2 on the second payment proposal
This proposal also refunds gas costs related to deploying the gas governance refund smart contract totalling 0.163867725 WETH. See: Ethereum Transaction Hash (Txhash) Details | Etherscan
Worker Proposal (Trial) - Dave - Treasury / Accounting
Q1 Treasury Report