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