dYdX Treasury SubDAO Proposal

Hi all,

Avantgarde is a crypto native asset management, advisory and research firm, specialising in asset liability management, R&D, special situations, risk monitoring and on-chain diversification strategies. We have conducted work for leading protocols including Uniswap, The Graph, Arbitrum, Nexus Mutual, Paraswap, Enzyme and others.

We appreciate the proposals made by Steakhouse Financial and Karpatkey and wanted to offer our thoughts. They are both well thought out and can add value to the ecosystem and contribute towards the foundation’s proposed objectives. However, as a service provider in this space ourselves, we find the fees proposed by both parties to be very high relative to the scope, and the lack of details surrounding the implementation of the plan feels rushed.

If for some reason the current proposals do not pass, we will be presenting a proposal that:

  • Better aligns interest across validators and other stakeholders
  • Is much more competitive on fees

If you’d like to meet with us in the meantime, please get in touch with us at info@avantgarde.finance.

EDIT: see our proposal here dYdX Treasury subDAO Proposal: Avantgarde Finance

Thank you!

1 Like