Treasury Management

Efficient treasury management is essential. In order to ensure a swift, risk averse and proactive approach to managing funds, the SeahorseFi DAO framework gives the core team the following authority over treasury management:

• The discretion to allocate monthly protocol fees to which liquidity pools.

• To use up to a maximum of $10k USD per month (SHFs or otherwise) for voter incentives without a governance vote. This is separate from any other voter incentive allocations authorized by a separate governance vote.

• To reallocate up to a maximum of $200k per month of the treasury balance. This would include entering and exiting liquidity pools, moving funds cross chain or adding to existing deposits. Any reallocation greater than $200k will require a treasury vote.

• Is able to utilize up to a maximum of $20k per month of non-protocol fee revenue without a governance vote. This is separate from any other utilization or reallocation authorized by a separate governance vote.

• This relates to revenue from farming or other activities outside our core business of generating protocol fees.

• Utilization refers to redeposits into existing farms, adding to liquidity pools or holding the assets in a wallet.

This proactive measures helps SeahorseFi to navigate the volatility of cryptocurrencies and to allow for the continuity of the protocol.