Treasury Tuesday may move to a bi-weekly cadence, with an additional Community Workshop added during the off-weeks. [4m]
Aia brings up a discussion item regarding the tenure of treasury team members. Further discussion on the delegation of powers and onboarding/offboarding process is encouraged, but the simplest solution is to handle changes through a governance proposal. [5:30m]
Convex bribes have diminished significantly due to market conditions and the collapse of Terra eliminating one of the largest sources of bribes. In the interest of de-risking treasury funds and taking advantage of a favorable unlock schedule, deetz and Wes suggest not re-locking the CVX position in order to retain optionality. [14:50]
The treasury team plans to withdraw protocol-owned funds from Rook liquidity pools based upon the pool utilization. [37:50m]
The stablecoin working group continues to investigate yield strategies and weigh the risk/reward based on current returns. [44m]
Cryptoken suggests implementing an ambassador program to increase awareness of Rook. [45:50m]
No Treasury Tuesday next week (next event will be 8/9).