@thehaberdashery

New Proposal Update: Treasury Management Proposal 📜 TLDR: This proposal outlines a plan for the allocation and diversification of the DegenDAO treasury. By diversifying its holdings and strategically allocating funds, the aim is to enhance the stability, growth, and long-term value of DegenDAO. Goal: To create a robust financial foundation that supports the Degen and Farcaster ecosystem, enhances value for the community, and positions DegenDAO as the most capitalized network on Farcaster. Proposed Allocation: 🎩 Admin & Operations Fund: 5% of the treasury 🎩 Marketing & Comms Fund: 5% of the treasury 🎩 Grants Fund: 10% of the treasury 🎩 Investment Fund: 50% of the treasury 🎩 Reserves: 25% of the treasury

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