Many karpatkey team members will be heading to @dappcon_berlin next week. We're committed to innovation and collaboration, and we believe this conference is perfect to share insights with the community!
See you all at the event, or DM us to connect: @claberus @elbagococina… 
The total size of the DAO treasuries we help manage has reached 2.6 billion USD! This is up from 1.7 billion USD in January, an increase of over 50%.
We now help manage treasury funds for @GnosisDAO, @aave, @ensdomains, @safe, @CoWSwap, @Balancer, and @LidoFinance. We are also… 
Today our very own @sisyphos7919 will be sharing insights about our work with @aave, our thoughts on Aave v4, and how we see treasury management and governance decisions in DeFi protocols evolving over time.
The @aave Liquidity Committee has created a new, boosted GHO-USDC pool #111 on @mavprotocol:
Earn $GHO rewards, LP fees, and MAV S1 points, while helping to keep the @GHOAave peg strong! 💪🏻
If you are currently an LP in pool #103, be aware that… 
Glad to join the family! Looking forward to further cooperation 🙏
Today we successfully tested a core part of our non-custodial risk management infrastructure: the ability to automatically exit DeFi positions within seconds based on pre-configured triggers, such as rapidly deteriorating collateral ratios, protocol hacks, exploits, etc. This… 
Huge congrats to @Safe and @GnosisDAO for successfully enabling $SAFE token transferability, a major milestone for both DAOs! To support these efforts, karpatkey has, through the joint Safe and GnosisDAO treasury, taken the following steps:
1️⃣ We helped raise capital through an…
We are extremely honored to be elected to the @Uniswap Treasury Working Group (UTWG), joining @StableLab, @abdullahbumar, and @franklin_dao. Once finalized by an on-chain vote, the group will begin its work.
The goal of the UTWG is to conduct research into best practices for…
1/ karpatkey is creating an actively managed, open-end investment fund for institutional investors, offering exposure to leading DeFi protocols. Our goal is to become a major liquidity bridge from TradFi into DeFi, benefiting our partners and the wider crypto ecosystem. 
2/ In addition to investing in blue chip DeFi protocols, the fund will generate yield by deploying its underlying assets across DeFi, mostly in relatively low-risk strategies such as maximising LP incentives, staking rewards, airdrops, and more. 
3/ We’ll leverage our battle-tested asset management and execution infrastructure with partners like @safe, @GnosisDAO, and others, but now wrapped into a fully-regulated open-end fund for private placement. We believe we'll have a significant cost advantage over competitors. 
4/ karpatkey is committed to developing the legal and regulatory frameworks necessary to onboard institutional investors into DeFi. And we are building a dedicated team, lead by @rsousamarques, to make this business a success. More details soon! 
Greetings @token2049! 🇦🇪 At 2pm Dubai time, our Institutional Lead @rsousamarques will present how karpatkey will leverage our unique reputation, influence and proven infrastructure to bridge TradFi into DeFi. Here’s a sneak peak: 
We are thrilled to announce that SAFE DAO Treasury Management Core Unit proposal [SEP 24] has been officially ratified, with over 44M community votes in favor, a 90% approval rate! 🎉
As part of establishing a core treasury unit for @safe, karpatkey will oversee the joint…
Set your reminders! Tomorrow at 3:00 PM UTC, our own @davekpk will discuss the @0xPolygon Community Treasury Board, crypto fundraising, grants, and more, hosted by @QuickswapDEX.
@haydenzadams @Uniswap Very sad to see, although not surprising. Looking forward to more clarity for DeFi after you win this fight. Which you will…
We stand with Uniswap. 🦄💪
In collaboration with @GnosisDAO, we're launching a 6-month reward program with a budget of 180,000 xDAI, to be paid out weekly over 24 weeks. The goal is to incentivise deployment and active engagement from CoW Solvers on Gnosis Chain.
The start date will be Thursday, 18th…
Following the achievements outlined in SEP #3, karpatkey has proposed to become the treasury manager for @safe, leveraging its expertise in treasury & risk management, governance, and investment strategies to grow the SafeDAO ecosystem.
Alongside token transferability, this will…
Currently live 🇬🇧 #DAS2024
@rsousamarques, our Head of Growth, is at the @blockworksDAS conference discussing 'The Future of Onchain Asset Management': “We actively execute transactions on behalf of the DAOs in a trust-minimised non-custodial way instead of going through a long… 
Are you at the @blockworksDAS in London?
We're here too, eager to dive into the latest developments in the digital asset ecosystem. 
Don't miss the panel on ‘The Future of Onchain Asset Management’ this Wednesday at 4 pm!
Hear from industry experts like @rsousamarques, @maxboonen, @Mona_El_Isa, and Christopher Jensen of @FTI_Global, with @DianacBiggs moderating.
2023 in review - karpatkey 🤝ENS
The @ensdomains Endowment was initiated on Mar/23 with the first tranche, and a lot has happened since then:
• Accumulated revenue of $1.06 million USD;
• An average Annual Percentage Yield (APY) of 3.28%;
• Second tranche deployment, on… 
Join us on this X Space, an opportunity to discuss our research for @arbitrum's Treasury WG.
You can read the full report here: forum.arbitrum.foundation/t/arbitrum-tre…
1/ @karpatkey and @Token_Logic are continuously working on expanding @GHOAave integrations.
A Tricrypto GHO pool in @CurveFinance will enable new paths with lower fees for GHO. Additionally, the pool will have $wBTC and yield-generating $wstETH.
2/ We welcome support for veCRV and @ConvexFinance's vlCVX holders on ongoing votes:
We've published a research report for @arbtreasury focused on three key areas:
• Assessment of ARB Price Impact; • Sequencer Revenue Utilisation; and • Developing Guidelines for Effective Treasury Management
Read our full report on the @arbitrum forum…
Hello Gnosis Chain community,
Since October, Gnosis Chain has experienced substantial growth based on organic adoption and an expanding offering in the DeFi spectrum through sDAI, Balancer, Aura, Spark and AAVE v3. Aiming to further increase adoption, and recognising that the…
📊 We are always looking for aggregate data to make the best decisions on treasury management.
Now we are happy to share two new @aave dashboards:
GHO metrics and token dynamics: dune.com/karpatkey/gho-…
AaveDAO Liabilities, to understand planned DAO expenses:…
📢 @karpatkey is thrilled to join @Token_Logic as Financial Service Providers for @aave DAO following the unanimous results of the AIP vote.
The mandate includes:
• Treasury Management; • Strategic Assets' Liquidity; • Safety Module; and • Design for a TM tooling…
The @arbitrum DAO is leading the way in community-driven governance initiatives around innovative grant structures, governance frameworks and treasury management.
We are proud to take a more active role in the Arbitrum as a delegate! 🗳️
Delegate to us on Tally:…
The @karpatkey and @Token_Logic's joint Financial Service Provider proposal is live for AIP voting!
You can cast yours until December 19th! app.aave.com/governance/pro…
📣The @karpatkey and @Token_Logic joint Financial Service Provider proposal received positive feedback from @aave DAO in the temp check phase and is now live for voting as an ARFC! 🤝
Voting is active on snapshot until December 14th: snapshot.org/#/aave.eth/pro… 
1/ @karpatkey and @Token_Logic are thrilled to announce our joint proposal as the Financial Service Provider for @aaveaave DAO! This partnership marks a significant step forward in DAO financial management. 🧵 
2/ For an initial period of 180 days, our focus will encompass:
Together, we bring specialised skills and extensive experience in the DeFi sector.
3/ Treasury Management:
We propose addressing the challenges in Aave DAO's treasury composition and operations, aiming for a more stable and diversified portfolio. 
4/ This involves optimising Aave DAO's treasury by reducing reliance on volatile assets, consolidating funds across blockchains, and ensuring a stable financial runway.
Our goal is to balance risk and growth, ensuring Aave's treasury is resilient and efficient.
5/ GHO Development:
For GHO, Aave's native stablecoin, we're implementing robust peg mechanisms and strategies to boost organic demand and supply.
This includes enhancing its utility and stability in the DeFi ecosystem and ensuring GHO's long-term success and adoption.
6/ Safety Module:
The current composition of the insurance fund has an overweight reliance on AAVE.
This might cause a negative feedback loop between potential Bad Debt exposure and the AAVE token price. 
7/ We propose the diversification of Safety Module insurance fund's assets and a reevaluation of the incentive strategy.
The goal is to ensure a more effective and financially sustainable safety net for Aave users.
8/ The Snapshot is live, and you can vote here: ⚡️
1/ We've just launched our Delegate platform on @Balancer! 📣
We believe we have much to add and are thrilled to contribute with our knowledge of professional DAO finance.
forum.balancer.fi/t/karpatkey-de… 
2/ Why karpatkey?
As DAO treasury developers and contributors to some of the most reputable DeFi protocols in our industry, our team has the knowledge, trust, and alignment to meaningfully contribute to Balancer's growth moving forward.
3/ We've been historical users of the Balancer protocol, currently managing over $36M in LP positions as part of our DAO mandates.
Our experience in Balancer’s governance process is proven by our successful BIPs and DAO proposals.
4/ We've also authored a proposal on Aave DAO, promoting strategic alignment with Balancer.
It highlights our commitment to enhancing the broader DeFi ecosystem and building synergies between the DAOs we assist.
5/ Want to delegate?
Access snapshot.org/#/delegate/bal… and delegate to governance.karpatkey.eth 🫡
Very interesting talk on stablecoins' role in developing nations with @0xNesk representing our team at un-@stable_summit #DevConnect2023 
1/ On @dappcon_berlin, karpatkey was represented by @claberus on a panel with @lemiscate and @Mona_El_Isa about DAO Treasury Governance. Here's a breakdown of the key takeaways: 🧵 youtu.be/ysdvobArIks?si…
2/ DAO treasuries are not just about holding funds—they're evolving to incorporate traditional CFO roles. This includes complex financial operations like risk management and capital preservation, underscoring the need for financial acumen within DAOs
3/ Transparency is the backbone of trust in DAO operations. The necessity for real-time reporting and open-source accounting practices is real, ensuring every transaction is clear, auditable, and accountable.
4/ Balancing risk is crucial for DAO treasuries. While some argue for a conservative strategy focused on safeguarding capital, others value embracing calculated risks to fuel growth. It's about finding the right equilibrium.
5/ Automating financial reporting for DAOs presents challenges. While automation can streamline some processes, it requires a blend of technology and expert oversight to ensure accuracy and reliability.
6/ For a deeper dive into the complexities and future of DAO treasury management, read this article from our blog: 📄 karpatkey.com/contents/frame…
1/ Under karpatkey's management, the @GnosisDAO treasury has a pivotal role in nurturing a robust DeFi ecosystem, integral to @gnosischain.
We're committed to aiding projects that drive growth and innovation in the sector. Here’s a breakdown of our strategies and objectives: 👇🏼
2/ On Ethereum:
3/
4/ On GnosisChain:
5/ Our stewardship aims for continuous building, evolution, and expansion within DeFi.
By strategically allocating funds and actively supporting projects, we're laying down the foundation for a prosperous future on the Gnosis Chain. 🦉
1/ Our proposal for the @AaveAave DAO community [ARFC] Enhancing Liquidity Incentive Strategy on Balancer is now up for voting.
Dive into the details below. 🧵 snapshot.org/#/aave.eth/pro…
2/ 🔍 Why this proposal?
@AuraFinance AIP-42 shifted AURA minting per BPT, becoming more efficient to hold vlAURA than veBAL to incentivise liquidity.
We aim to optimise Aave's @Balancer ecosystem holdings, ensuring the best strategic positioning for Aave DAO.
3/ 📜 Proposal Summary:
1️⃣ Mint auraBAL using our B-80BAL-20WETH holdings and stake it on Aura Finance's Classic Staking Pool. 2️⃣ Acquire 400,000 USDC worth of AURA OTM. 3️⃣ Execute a swap: $200,000 of AAVE for AURA & 200,000 USDC for AURA in an OTC deal with AURA DAO.
4/ 📊 Projected Emission Power:
Combined, that's a total of $26,629.73 in weekly emissions. 💪🏼
5/ For those who love diving deep into data, here are the detailed emission power calculations:
docs.google.com/spreadsheets/d…
Voting begins on Oct 12, 2023, at 6:30 PM UTC and concludes on Oct 15, 2023, at 6:30 PM UTC.
Spark by @MakerDAO goes multi-chain, now available on @gnosischain with great rates on a chain with DAI as the native token. ⚡️🦉
1/ In one of the most recent topics in the @AaveAave Governance Forum, we proposed an alternative to optimise its underlying objective—to increase Aave DAO’s emission power on @balancer—while guaranteeing a positive outcome for every stakeholder. 🧵👇
governance.aave.com/t/arfc-treasur…
2/ Our proposal consists of:
3/ Among other benefits, this option ensures that:
4/ With the launch of our Delegate Platform on Aave, we've committed to contributing with our experience and influence—this is an example.
Check our topics of focus and feel free to delegate your voting power to us! 👻 governance.aave.com/t/karpatkey-de…
1/ The [EP4.2] Fund the Endowment (second tranche) on @ensdomains is live for voting.
It outlines the allocation of the second tranche, comprising 16,000 ETH, from the ENS DAO to the Endowment. Additionally, it introduces minor adjustments to the existing permissions preset.
2/ The report for August 2023 shows that the ENS Endowment has achieved:
reports.karpatkey.com/?dao=3&month=8…
3/ You can access the proposal here: agora.ensdao.org/proposals/1068…
