NFTX Treasury Valuation

Hey all,

I was looking at NFTX recently and realized it had raised a pretty valuable treasury, of which the DAO still owns most of it. It may help for transparency and resource management to have this updated with frequency.

It is also a very rough draft in terms of data gathering and NFT valuations so any feedback or improvements would be welcome.

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This is awesome!

Once V2 is out (soontm), most of the vault-data will become obsolete as new vaults will be based on new contracts - would love to adjust those once that’s there.

Yeah thanks for this José. This is a great starting point for anyone who wants help keep track of treasury.

I’m definitely keen for us to get our balance sheet more clearly defined. Everything is onchain, so it can be figured out given the man power, but better if we have it all clearly collated.

Hey, thanks for the comments. Would definitely keep updating when v2 vaults are fully live. What I see the main issue for automation is to get the data from the Sushiswap LP positions, I am not sure if there’s any API that can serve it right now. Otherwise, the rest can clearly be automated further.

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Hi @josebaredes. This is great (although from long ago by now). Would love to learn what you think about a well-structured set-up for NFTX’s Treasury going forward. Seems like there hasn’t been much activity since then?

@0xchop, do you happen to know how this is currently managed? :slight_smile: Would love to learn and spin some thoughts!

I have started to analyze best practices in the market and think things through, also drafted a more extensive proposal for the Gro DAO. See below my current mental model for thinking about setting up an MVP Treasury Mgmt committee. This is in continuous development, so obv appreciate feedback :pray:t3:

1. Business Strategy: Having a clear view of the long-term viability of the DAOs business model and evaluating strategic directions. This is a key exercise as it influences a lot of the set-up decisions in Treasury Mgmt (e.g., short-term capital needs vs. flexibility to allocate long-term capital).

2. Treasury Research and Strategy: Researching yield strategies, allocating treasury into selected strategies, and managing these allocations to unlock the economic potential of the treasury holdings while ensuring operating expenses are covered with downside risk mitigated. This largely depends on risk-appetite of the DAO, and in most cases should be treated rather conservatively.

3. Financial Reporting and Tracking: Creating standards for financial reporting and delivering periodic financial reports, incl. forecasts to establish transparency for the DAO members and act as decision-making support. This is largely underdeveloped for many DAOs and holds uncanny potential for creating clarity