# VDP-4 VitaDAO Treasury + LP Proposal **URL:** \ **Category:** Passed Proposals\ **Created:** [June 22, 2021, 2:54pm UTC](https://gov.vitadao.com/t/vdp-4-vitadao-treasury-lp-proposal/186 "2021-06-22T14:54:06Z")\ **Posts on this page:** 6\ **Page:** 2
**Author:** ![vincent](https://dub1.discourse-cdn.com/flex017/user_avatar/gov.vitadao.com/vincent/32/93_2.png) [@vincent](https://gov.vitadao.com/u/vincent)\ **Post date:** [September 18, 2021, 9:06am UTC](https://gov.vitadao.com/t/vdp-4-vitadao-treasury-lp-proposal/186/21 "2021-09-18T09:06:17Z")
Great points, Luffy! > [@luffy](#): > > - Agree to convert to stable coins, however, it is important to ask WHEN? as we are don’t really know when the bull market will end. That said, it’s better to define the max amount of ETH to be converted to Stable coins, and apply Dollar-cost averaging (DCA) approach. Agree that we should probably apply financial planning in the sense how quickly we want to deploy the money towards research and then basically DCA sell over that period > [@luffy](#): > > - Staking is a good idea, but I prefer to go with normal staking. StakeWise with 20% yield is quite strange. Is there any hidden risk? Good point. Will re-explore before we update on a final decision… stakedETH derivatives like [https://lido.fi/](https://lido.fi/) in my view make sense to be able to cash out vs native staked ETH2 which you can’t swap out for a while. > [@luffy](#): > > - DeFi Index Token: I don’t think it is a good idea. It can go up, perhaps with better ROI compared to ETH. However, when winter comes, it will crash hard. Who can be the one to say when to cash out? Again, this is a fund for research, we should take as little risk as possible. Good point, at the end it depends how much money we keep in the treasury for long-term… For example right now its 9-10m, but most will flow towards research that we are negotiating right now, but the treasury should probably always hold more than 1m for overhead and safety, but that shouldn’t be in defi, I agree… so more sensible for now to focus on ETH2 more likely. ---
**Author:** ![derzicdaniel](https://avatars.discourse-cdn.com/v4/letter/d/d26b3c/32.png) [@derzicdaniel](https://gov.vitadao.com/u/derzicdaniel)\ **Post date:** [September 29, 2021, 2:12pm UTC](https://gov.vitadao.com/t/vdp-4-vitadao-treasury-lp-proposal/186/22 "2021-09-29T14:12:40Z")
Hi everyone, I really like your proposal @vincent . Because many of the existing DAOs lack capital efficiency and miss out on potential yield. As you described it, with the right yield strategy and diversification, the DAO can not only sustainably increase the funds for further funding, but also protect itself against bear market conditions or a Black Swan event. As the right tool I would suggest Avantgarde Finance. With the help of Enzyme Finance, they now also offer DAO treasury management including their Gnosis Safe integration. If you want, I can connect you with the team. ---
**Author:** ![raphyduck](https://dub1.discourse-cdn.com/flex017/user_avatar/gov.vitadao.com/raphyduck/32/20_2.png) [@raphyduck](https://gov.vitadao.com/u/raphyduck)\ **Post date:** [October 18, 2021, 2:19pm UTC](https://gov.vitadao.com/t/vdp-4-vitadao-treasury-lp-proposal/186/23 "2021-10-18T14:19:00Z")
It is not clear what the rebalance will be. If I vote yes, will you move 40 or 60% of ETH to staked assets? And so on? What limits does this proposal set, ie will you never move more than 60% or less tan 40% of ETH to staked? I would prefer a clearer proposal before voting. Thanks ---
**Author:** ![vincent](https://dub1.discourse-cdn.com/flex017/user_avatar/gov.vitadao.com/vincent/32/93_2.png) [@vincent](https://gov.vitadao.com/u/vincent)\ **Post date:** [October 18, 2021, 3:45pm UTC](https://gov.vitadao.com/t/vdp-4-vitadao-treasury-lp-proposal/186/24 "2021-10-18T15:45:48Z")
We would communicate ideas and actions here in advance before implementing them… basically right now we would move maximally 20-30% to staked ETH, but would also share this before acting on it, and doing so gradually… (eg starting with 10%) ---
**Author:** ![raphyduck](https://dub1.discourse-cdn.com/flex017/user_avatar/gov.vitadao.com/raphyduck/32/20_2.png) [@raphyduck](https://gov.vitadao.com/u/raphyduck)\ **Post date:** [October 19, 2021, 9:12am UTC](https://gov.vitadao.com/t/vdp-4-vitadao-treasury-lp-proposal/186/25 "2021-10-19T09:12:44Z")
Thanks Vincent. I find that a bit confusing, but since I agree with the proposal I voted yes then. Cheers ---
**Author:** ![Stefano](https://avatars.discourse-cdn.com/v4/letter/s/aca169/32.png) [@Stefano](https://gov.vitadao.com/u/Stefano)\ **Post date:** [October 27, 2021, 12:11pm UTC](https://gov.vitadao.com/t/vdp-4-vitadao-treasury-lp-proposal/186/26 "2021-10-27T12:11:20Z")
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