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Spool DAO Treasury

During the Spool LBP (Liquidity Bootstrap Pool Event) a total of $16.65M DAI was raised which is entirely controlled by the Spool DAO.
The Spool DAO Treasury can be found here:

Transaction Log

Action
Amount
Date
Adding Liquidity to Uniswap
-1,665,202 DAI
16-12-2021
Payment for Zokyo Audit (First part)
-50,000 DAI
04-01-2022
Payment for Peckshield Audit (First part)
-66,000 DAI
07-01-2022
Payment for Zokyo Audit (Second part)
-108,000 DAI
21-01-2022
Payment for Peckshield Audit (Second part)
-15,600 DAI
16-03-2022
Purchase Ether for Contract Deployment
-67,405 DAI
29-03-2022
DAI to purchase Ether for redeployment
-30,038 DAI
22-04-2022
Salary Payment to Business Development
-9,833 DAI
02-05-2022
Sent DAI to multi sig to fund DoHardWorks
-60,000 DAI
09-05-2022
Reserved for small operational expenses
-60,000 DAI
13-05-2022
Payment to developers for 3 months
-255,000 DAI
18-05-2022
Salary payment to Business Development
-80,000 DAI
24-05-2022
Swap to USDC as per request for payments
-655,000 DAI
06-06-2022
Result of DAI to USDC swap
+655,000 USDC
06-06-2022
Funding of HR Wallet for payments
-345,250 USDC
07-07-2022
Funding of marketing wallet (budget)
-263,750 USDC
10-06-2022
Funding of BizDev wallet (budget)
-46,000 USDC
10-06-2022
Funding for Phuket Trip
-75,000 USDC
02-07-2022
Swap to USDC as per request for payments
-1,000,000 DAI
02-07-2022
Result of swap from DAI to USDC
+1,000,000 USDC
02-07-2022
Trail of Bits Audit
-320,000 DAI
13-07-2022
Bug Bounty Payment (Whitehat Hacker)
-175,000 DAI
20-07-2022
Bug Bounty Payment (Whitehat Hacker)
-5000 DAI
29-07-2022
Bug Bounty Commission (Immunefi)
-18,100 DAI
29-07-2022
Transfer to Spool DAO Treasury Vault
10,000,000 DAI
08-08-2022
Payment of Developers
-85,000 DAI
08-08-2022
Bug Bounty Commission (Immunefi)
-100 DAI
19-08-2022
Bug Bounty Payment (Whitehat Hacker)
-1000 DAI
19-08-2022
Peckshield Audit
-12,000 USDC
30-08-2022
Peckshield Audit
-6,0000 USDC
29-09-2022
ChainSecurity Audit
-191,510 USDC
29-09-2022
Gate Development France
-5,000 USDC
29-09-2022
Refund of former preDAO Member
-15,000 DAI
01-10-2022
Refund of former preDAO Member
-2,500 DAI
01-10-2022
Refund of former preDAO Member
-50,000 DAI
01-10-2022
Refund of former preDAO Member
-50,000 DAI
01-10-2022
Refund of former preDAO Member
-5,000 DAI
01-10-2022
Refund of former preDAO Member
-50,000 DAI
01-10-2022
Refund of former preDAO Member
-50,000 DAI
01-10-2022
Payment of Developers
-85,000 DAI
01-11-2022

Spool DAO Treasury Management

A total of 10,000,000.00 DAI, of the DAO Treasury, is managed by a custom Smart Vault to ensure the generation of yield on DAO Treasury Assets. Below is a table of expected yield from these assets based on different APYs. The Spool in which these assets are managed can be found below:
Spool App
Spool App
The Spool DAO Treasury "Spool Smart Vault".
APY in %
Expected Yearly Revenue
Expected Monthly Revenue
1%
$100,000.00
$8,333.33
2%
$200,000.00
$16,666.66
3%
$300,000.00
$25,000.00
4%
$400,000.00
$33,333.33
5%
$500,000.00
$41,666.66
6%
$600,000.00
$50,000.00
7%
$700,000.00
$58,333.33
8%
$800,000.00
$66,666.66
9%
$900,000.00
$75,000.00
10%
$1,000,000.00
$83,333.33

Valuation of Total DAO Treasury

At the time of the last update of this documentation (the respective date can be found be found at the bottom of this page) a total of 14,500,000 DAI remain to be part of the Spool DAO Treasury. Since the majority of wages have been paid in advance this total valuation is expected to be consistent for the next 9 months.

DAO Revenue

Spool charges performance fees from which 20% go to the Spool DAO. This operational revenue ensures that the DAO both acts as an organization and as a revenue generating business.