NERITE x UNI: Pilot Program

Thank you for submitting this proposal.

Based on our expertise in on-chain asset management, we would like to highlight a few considerations for the community’s evaluation:

  • standalone proposals to deposit treasury funds in individual protocols appear counterproductive without a broader, cohesive strategy;
  • clearer elaboration of the growth strategy and role of this proposal in that strategy is needed to properly evaluate the opportunity and its impact for the DAO (e.g. definition of an investment policy that defines the general investment goals and objectives of the DAO);
  • expecting delegates to possess the specialized expertise required to assess the risk level of protocols is impractical and may expose the treasury to unnecessary vulnerabilities. A more structured risk evaluation process is recommended.

We hope these considerations provide additional context to guide the community’s evaluation of this proposal.

4 Likes