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:
​0xF6Bc2E3b1F939C435D9769D078a6e5048AaBD463​
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
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.

Governance - Previous

Understanding the Spool DAO

Next - Governance

Participating in the DAO

Last modified 1mo ago

Copy link

On this page

Transaction Log

Spool DAO Treasury Management

Valuation of Total DAO Treasury

DAO Revenue