Outline Summary Overview Motivation Specification Summary This proposal outlines a collaboration between karpatkey and dYdX, focused on managing the dYdX Community Treasury. If approved, karpatkey will set up a Cayman Foundation to manage ~40M DYDX tokens from the Community Treasury. The treasu…

As mentioned, the Treasury SubDAO can tap into many skills and expertise. Because of the nature of this initiative, we believe this is a key strength karpatkey provides to the Treasury SubDAO. Our approach to treasury management goes far beyond simple staking strategies. We offer a comprehensive su…

[image] ttt_vn: If the proposal is approved and your team manages 40,000,000 DYDX tokens, do you have a detailed validator delegation policy? Or will you operate a new validator and stake all these tokens? If you do plan to stake, could you please share your detailed allocation plans? We are ver…

Thank you for the detailed discussion, @ttt_vn , and for presenting specific numbers. I have clarified the key points based on the same assumptions(correct me if the number is wrong :sweat_smile:). If we assume that protocol revenue remains constant and delegations are evenly distributed among vali…

Assuming there are no significant changes to the proposal above, the Ops subDAO is planning to launch two text proposals for the dYdX community to consent to the formation of the Treasury subDAO on Monday, September 23rd. A successful text proposal will enable the proposer to formally establish the…

As a validator we are not at all pleased with the discourse on the forums so far for a proposal that will cost the dYdX community up to 1m dollars. Speaking with ex-delegates and many stakers at Token2049 as well I dont believe this situation to be resolved yet. This is largely because the Propose…

Hello @Ertemann , we really value transparency and understand you might require additional visibility on these points. Hoping to address your open points, see a more detailed breakdown below. [image] Ertemann: Clear cost description (legal, entity, man hours to claim/stake) We have an inter…

Are you willing to move to a ~100k-200k Base as a direct payment and an additional performance share of ~10% on any yield generated on the USDC rewards? Although i value that you are looking for alignment I don’t see how the dYdX staking rewards are a KPI for the treasury subDao, therefore your pay…

Clarifying the karpatkey fees based on the questions received. Currently, karpatkey will request $300k per year, as the 5% fee currently equates to approx. $250k. This will remain at the minimum until substantial growth in the dYdX ecosystem is achieved.

dYdX Treasury SubDAO Proposal

Treasury

dYdX_Ops_subDAO September 23, 2024, 6:29pm 24

The Ops subDAO has published a comparison with the Steakhouse proposal, and the two on-chain proposals have been published as well.

Topic		Replies	Views
dYdX Treasury SubDAO Proposal: Steakhouse Financial Proposals	21	1033	September 28, 2024
Treasury SubDAO Proposal: Comparison Steakhouse vs. Karpatkey Proposals	3	369	September 24, 2024
dYdX Treasury SubDAO Proposal & Discussion Treasury	10	955	September 19, 2024
dYdX Treasury SubDAO - Community Spend proposal Proposals	2	333	November 8, 2024
[DRC] dYdX Community Staking Proposal dYdX Chain	63	5955	April 11, 2024

dYdX Treasury SubDAO Proposal

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