Етхереум Наме Сервице разматра покретање фонда задужбине са 17 милиона долара

DeFi treasury manager Karpatkey has asked the Ethereum Name Service (ENS) DAO to consider activating the DAO’s endowment fund with 10,766 ether ($17 million), according to a recent governance proposal.

The endowment fund is a treasury management step taken by the ENS DAO to optimize its reserves. The DAO chose Karpatkey to manage the fund in a governance vote concluded last year. Karpatkey is supposed to manage $51 million worth of assets on behalf of the DAO. These funds will come from the DAO’s благајна, which currently holds $1 billion worth of assets.

Karpatkey’s $17 million funding предлог will constitute the initial seeding of the fund if approved. There are plans for two other monthly installments until the fund reaches its $51 million funding goal.

The ENS DAO $1 billion treasury currently includes 40,959 ether ($64 million). When the endowment is fully seeded, it will hold all the DAO’s ETH funds, minus $16 million. This left-over $16 million is to create a two-year runway for the DAO’s expenses.

Karpatkey’s proposed plan will see the fund keep 59% of its holdings in ether. The rest will be converted to USDC, according to the proposal. Karpatkey will deploy the funds into a few ether-neutral and U.S. dollar-neutral DeFi investment strategies. The stated goal is to earn up to 5.43% in annualized returns.

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Source: https://www.theblock.co/post/205418/ethereum-name-service-mulls-initiating-endowment-fund-with-17-million?utm_source=rss&utm_medium=rss