💰 Building for DAOs: Treasury Management 💰 | June 29th Newsletter
💰 Building for DAOs: Treasury Management 💰
June 28, 2022
💰 Building for DAOs: Treasury Management 💰
June 29th Newsletter
Hi, there! Bear markets are for buildooors. This week we share some resources to help you continue building your DeFi knowledge and stay up to date on the latest index news. Are you a YouTube binge-watcher? We highlight some of the top channels to learn about DeFi and crypto index products. Synthetix, a constituent of the DeFi Pulse Index, has gone ‘atomic’ over the last couple of weeks. Learn more about their protocol and SNX token. Last but not least, take a listen to Funkmaster Flex discussing the latest topics related to DAO treasury management and financial sustainability.
-@thekindeagle and the Index Coop team
DEFI RESOURCES
🎥 Lights…Camera…DeFi 🎥
We all learn in different ways. Some like to read crypto blogs or dig deep into developer documentation. Others prefer scrolling crypto Twitter or binging video tutorials. Led by the efforts of core contributor Chavis, Index Coop has produced a robust library of video content on YouTube. On our channel, you’ll find a variety of thematic index explainers and fun breakdowns of how our yield-generating strategies work. We’re not the only ones producing helpful DeFi videos. I’ve learned a ton from: Bankless, The Defiant, Finematics, and Ceazor’s Snack Sandwich. Subscribe to Index Coop’s YouTube channel & reply to this email to let us know your favorite video creatooors!
PRODUCT NEWS
🟣 SNX - Going Atomic within DPI 🟣
The Synthetix (SNX) protocol is one of the most established decentralized exchanges and is a key player in the DeFi ecosystem. Their token SNX is held within the DeFi Pulse Index (DPI). Synthetix has recently seen a rapid increase in fees generated and trade volume since the implementation of ‘atomic swaps’. Instead of the previous ten-minute waiting period when trading between assets on Synthetix, the new atomic swap functionality allows for large trades to be settled instantly and with little to no slippage. DPI provides diversified exposure to SNX and 13 additional, innovative DeFi protocols with a single token. You can buy DPI on Gemini here.
DAO NEWS
💰 Building for DAOs: Treasury Management 💰
Volatile markets are a stark reminder of the importance of how a strong treasury and transparent decision-making processes help secure a DAO’s sustainability. Index Coop partners with DAOs and protocols to diversify their treasuries and build positive-sum relationships. With a range of yield-bearing products like icETH, crypto organizations can be a more stable financial foundation to fund ongoing operations and grow their treasuries. Index Coop contributor, Funkmaster Flex, recently discussed DAO operations, treasury management, and more with Autonolas.
Disclaimer: This content is for informational purposes only and should not be construed as legal, tax, investment, financial, or other advice.
Disclaimer: This content is for informational purposes only and is not legal, tax, investment, financial, or other advice. You should not take, or refrain from taking, any action based on any information contained herein, or any other information that we make available at any time, including blog posts, data, articles, links to third-party content, discord content, news feeds, tutorials, tweets, and videos. Before you make any financial, legal, technical, or other decisions, you should seek independent professional advice from a licensed and qualified individual in the area for which such advice would be appropriate. This information is not intended to be comprehensive or address all aspects of Index or its products. There is additional documentation on Index’s website about the functioning of Index Coop, and its ecosystem and community.
You shall not purchase or otherwise acquire our restricted token products if you are: a citizen, resident (tax or otherwise), and/or green card holder, incorporated in, owned or controlled by a person or entity in, located in, or have a registered office or principal place of business in the U.S. (defined as a U.S. person), or if you are a person in any jurisdiction in which such offer, sale, and/or purchase of any of our token products is unlawful, prohibited, or unauthorized (together with U.S. persons, a “Restricted Person”). The term “Restricted Person” includes, but is not limited to, any natural person residing in, or any firm, company, partnership, trust, corporation, entity, government, state or agency of a state, or any other incorporated or unincorporated body or association, association or partnership (whether or not having separate legal personality) that is established and/or lawfully existing under the laws of, a jurisdiction in which such offer, sale, and/or purchase of any of our token products is unlawful, prohibited, or unauthorized).
