WETH/USDC fees to reinvest in WETH/USDC (20%) WETH/SUP (80%), daily.
To extract USDC and WETH from yield backends (see SIP#9), monthly.
With the proceeds from (2) and all donations to the SFDAO, the committee will
a. increase WETH/USDC LP position
b. increase WETH/SUP LP position, with the price range of 200K+ SUP / ETH.
Thank you for this, Hellwolf. I’m glad to see this level of visibility into the treasury. Looking forward, as the treasury grows and yield strategies are refined, it might be worth evolving this report so that the community can track things more consistently over time. Some simple additions that might make the report both more meaningful as a snapshot and more useful as a management tool:
A simple starting and ending balance, with inflows and outflows, so we can see what changed during the period
A clear breakdown of LP positions into underlying assets (e.g., WETH + SUP amounts), rather than just the headline values
Timestamp + pricing source for valuations, just to anchor the $ totals
A quick liquidity view (what’s immediately accessible vs tied in LPs)
A quick note that on-chain balances align with internal tracking
None of this needs to be overly complex or technical, just a lightweight version would go a long way towards making it easier for delegates and DAO members to track performance, risk, and capital deployment over time.
Overall, a solid start. Do you have a target cadence in mind for future reports (e.g., monthly)?
I will have a short writeup soon about how to track the ongoing activity of the DAO LP, using tools such as dexscreener, revert finance, zerion, etc., without having to wait for me to write periodical summaries.