PSP-IPΔ26 : ParaSwap Monthly Financial Reporting

Keywords
Financial Report

Simple Summary
Fund Asymmetric Defi to Establish Monthly Financial Reports for the DAO.

Context
The lack of financial reporting within the DAO.

Goals
Inform the community about the financial state of the DAO and the impact of governance votes, crypto trends & news on the protocol’s performance.

These reports will be the go to for the community to get informed about the DAO similar to how investors in traditional finance look into financial statements to get informed about their equity allocations.

These reports would include : Revenues, Expenses, Treasury, Market Share … and any relevant metrics.

Community members can suggest new metrics to track and they will be added if they are relevant and the data is available without major hassles.

Initial Proposal here : [Grant Proposal] Paraswap Monthly Financial Reporting

Implementation overview
400 000 PSP transferred to the Asymmetric Defi wallet : 0x3c8fc549798C48Cd4EdC1786bef85D3a50f15C10

Voting options
Yes : Fund Asymmetric Defi
No : Don’t Fund Asymmetric Defi
Abstain

2 Likes

Hi, these types of reports aren’t already done in private ?

2 Likes

The only report available for now is that of Uniswap Nov 22

2 Likes

More details :
Instead of monthly reports, I can make quarterly reports to decrease the costs for the DAO. The funding request is the same 1k USD (in PSP) per report.
Also, I can accept funding for one quarterly report as test run before a longer period engagement.

1 Like

Quaterly, is the best option for the report.

Regards

1 Like

Updated Proposal with Quarterly reporting & Retroactive funding

Keywords
Financial Report

Simple Summary
Fund Asymmetric Defi to Establish Quarterly Financial Reports for the DAO.

Context
The lack of financial reporting within the DAO.

Goals
Inform the community about the financial state of the DAO and the impact of governance votes, crypto trends & news on the protocol’s performance.

These reports will be the go to for the community to get informed about the DAO similar to how investors in traditional finance look into financial statements to get informed about their equity allocations.

These reports would include : Revenues, Expenses, Treasury, Market Share … and any relevant metrics.

Community members can suggest new metrics to track and they will be added if they are relevant and the data is available without major hassles.

Initial Proposal here : [Grant Proposal] Paraswap Monthly Financial Reporting

Implementation overview
1k USD per quarterly report (in PSP with rate determined at time of payment), paid retroactively after the production of each report.
The mandate can be revoked by a subsequent DAO vote.

Voting options
Yes : Fund Asymmetric Defi
No : Don’t Fund Asymmetric Defi
Abstain