How DAOs should approach treasury management on Bankless

Fiscal policy: how much to spend and what to spend onAsset allocation: how the treasury should be diversified to fund key protocol development irrespective of the market environmentReporting: financial statements of the treasury and summary of key transactions

Propose treasury budget to discuss and vote onDefine liquidity requirements based on budgetDecide asset allocation policy and review this policy allocation every monthDefine policy for liquidity mining, token buybacks, salaries and vesting schedule of core contributorsPublish monthly / quarterly financial statementsPublish monthly / quarterly repor... See more

Currently, even some of the largest protocols are unable to generate enough revenue to cover operational expenses (audits, salaries/payments to contributors, marketing, etc.). Yearn, for instance, operates at a loss even after accounting for non-operating income from yield farming. As such, retaining protocol revenue alone is likely to be insuffici... See more

Retain protocol revenue and non-operating income generated from treasury assetsSell native tokens for stablecoin/ETH/BTCTake on debt.