Uniswap

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/uniswaps-dao-launches-new-treasury-management-strategy-group" rel="noopener noreferrer nofollow">Uniswap’s DAO Launches New Treasury Management Strategy Group</a><br></p>
<p style="text-align: justify">Uniswap’s DAO, empowered by a $6 billion treasury predominantly in UNI tokens, confronts challenges such as poor diversification and a lack of a defined strategic approach for managing its considerable financial resources. To tackle these concerns, the DAO has proposed the creation of the Uniswap Treasury Working Group (UTWG).</p>
<h2 id="investigating-effective-treasury-strategies">Investigating Effective Treasury Strategies</h2>
<p style="text-align: justify">The UTWG will undertake an eight-week investigative mission to explore diverse treasury management tactics. This will involve consulting with specialists and evaluating the success of other DAOs such as Maker, Aave, Lido, and Gnosis. Moreover, the group will delve into the legal implications of these strategies, focusing on tax liabilities and regulatory adherence, and will seek to lay down a legal structure for the implementation.</p>
<p style="text-align: justify">The UTWG will comprise four members, with two already appointed from StableLab and Arana Digital, who possess knowledge in governance and decentralized <a href="https://en.bitcoinhaber.net/moodys-highlights-rising-adoption-of-tokenized-investment-funds-despite-risks" rel="noopener noreferrer nofollow">finance</a> (DeFi) protocols. The remaining two will be selected via Snapshot voting to join WG0 in researching and reporting back to the DAO.</p>
<p style="text-align: justify">Tasks for the UTWG members include comprehensive study on treasury management, examination of case studies from established DAOs, and investigation into suitable legal frameworks for strategy execution.</p>
<h2 id="compensation-for-utwg-members">Compensation for UTWG Members</h2>
<p style="text-align: justify">The UTWG has requested a budget of 6,000 UNI tokens, with members receiving $200 per hour, aligning with the Accountability Committee’s pay structure. Compensation will be retroactively allocated based on recorded hours after an on-chain vote for WG0. The UTWG will propose treasury management options, pending the formation of a legal framework. They plan to issue Requests for Comments / Proposals (RFC / RFP) to collaborate with legal experts and ensure lawful compliance.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/uniswaps-dao-launches-new-treasury-management-strategy-group" rel="noopener noreferrer nofollow">Uniswap’s DAO Launches New Treasury Management Strategy Group</a></h5>

Uniswap’s DAO Launches New Treasury Management Strategy Group

Table of Contents

BH NEWS

Other articles published on Mar 29, 2024

Sam Bankman-Fried-Themed Memecoin Rocketed Over 35,000% Hours Before 25-Year Prison Sentencing, C...

Bitcoin Behemoth Transfers Over $6 Billion, Signaling Institutional Investors’ Growing Faith in C...

Google Enhances Search Function: Now Find Bitcoin, Fantom, Arbitrum Wallet Addresses Easily

Bitcoin Price and Market Dynamics: An Analysis

USDC & Polkadot Backers Look Forward to Kelexo Next Leap, Aiming for 10X Returns

Polymarket sees bets of $2.4 million on Ethereum ETF approval

Join our free newsletter for daily crypto updates!