Silo-02, Milestone 2 - Status Update

Relevant Links:

https://forum.yam.finance/t/silo-02-milestone-1-evaluate-treasury-investment-strategy-and-recommendations/1706/8

Status Update:

  1. YIP 114 was passed and currently being implemented.
  2. Current on-chain proposal will move the assets that we don’t plan to keep to the Operations Multisig: eth:0x744D16d200175d20E6D8e5f405AEfB4EB7A962d1 so that it can be sold randomly to prevent front running and high slippage. This will be manually done by the multisig.
  3. UMA assets were kept as part of the Defi assets because it can be a productive yielding asset according to Ross.