I propose allocating a percentage of the BOND DAO to BTC, ETH, and a stable coin like, USDC. As well as allocating some friends to partnerships and investments.
Diversifying the treasury outside of BOND will reduce risk associated with high asset concentration, and also allow it to capture the greater upside of the market at large as it rises. Additionally, it hedges risk of token devaluation in the case of hacks, or Defi market specific shocks.
Second, outside of BTC, ETH, and stable coins, i would ask that we consider earmarking a small percentage of funds for buying coins of key partners, like AAVE and COMP. This type of partner investment shows we have skin in the game in the long term success of the partnership.
Lastly, perhaps a 1% allocation to those upcoming projects that we believe would be complimentary to BB in the future.
API3’s DAO could be looked at as an example for reference.
I’m interested in people’s thoughts, and what they believe a reasonable allocation would be.