YIP: Treasury Investment Philosophy; Investment Page Development
Rather than relying on the DP Index, I would recommend for the team to pick the projects and write down their rationale. The process of picking and analyzing the projects itself will offer value to the Yam community, the whole crypto world and constantly attract attention from the crypto community and the public.
Naturally, team will make mistakes, some of the investments will fail. But they will learn and improve by checking the results and the feedback, and by communicating with the various project teams. This will keep Yam relevant to the crypto industry in the long run.
Treasury to invest up to 50% of its total value into projects handpicked by the core team. Each investment cannot exceend 0.5% of the total value. Parameters can be further discussed.
Treasury to gradually withdraw the principal; profits to stay invested.
Add treasury investment page to the website (high priority). The page will show details of every token that team has invested in, plus information and links about the invested project. Team investment rationale and analysis only accesbile to Yam token holders.
Performance fee: 20% of the investment proceeds to be granted to the team.
This plan will help in various aspects:
(1) generate potentially more profits for token holders;
(2) show the world that Yam is not just an out-dated farm coin, that the team has true insights and expertise in crypto;
(3) make Yam project a hub and homepage for the latest crypto projects with the most promising technologies and tokenomics, thus increaseing Yam exposure to the public and generate positive perception;
(4) incentivize the core team.
Treasury to invest up to 50% of its total value into projects handpicked by the core team. Each investment cannot exceend 0.5% of the total value, i.e. the team will in maximum invest in 100 projects. 99 of them could fail, but as long as one of them is as successful as Bitcoin or Ether was, the total investment result will be great. This is a typical VC investment approach.
Rebalancing: Whenever any investment makes profit, Treasury must gradually withdraw the principal, and invest the principal into another project; the profits will be kept there for potentially more return.
Add a treasury investment page to the website. The page will show every investment that team has made, plus information and links about the project. This will become a hub of promising new projects in the crypto industry. The page can redact certain information so as to give the team more flexibility. The team must write up an analysis on each investment rationale and expectation, and give a rating to the project. The analysis is only accesbile to Yam token holders, thus creating one more utility for the token.
Performance fee: To incentivze the team, 20% of the investment proceeds will be granted to the team.
Poll to Measure Sentiment