Summary: Octav proposes to provide monthly treasury reconciliation and reporting services for ApeCoin DAO, offering detailed transparency reports that include key performance indicators (KPIs), wallet positions, and protocol deposits. The service aims to enhance stakeholder awareness and transparency over ApeCoin DAO’s treasury and financials.
Specification & Implementation: Octav will deliver 12 monthly treasury holdings breakdown reports for ApeCoin DAO, each analysing key metrics and fundamental treasury data. The reports will cover:
Key Metrics Report: Total funds, wallet positions, protocol positions, total funds by category, and total funds by network.
Wallet Positions Report: Detailed breakdown of all tokens in treasury wallets, including balance, value, percentage, and network.
Protocol Positions Report: Detailed breakdown of protocol deposits, including staked amount, yield, protocol, balance, and value.
PDF and CSV: The treasury reports will be shared as both a PDF and CSV and can be imported to other dapps/treasury tracking software to enhance compliance.
Motivation: This initiative addresses the need for enhanced transparency and accountability within ApeCoin DAO. By providing regular, data-centric reports and the ability to view any transaction performed by the treasury, we aim to keep the community informed about the financial health and strategic decisions of the DAO.
STEPS TO IMPLEMENT:
Onboarding: The ApeCoin DAO treasury wallets are already integrated with Octav, and the first report is set to be generated on the 1st of the next month upon passing. Octav will collaborate with the ApeCoin DAO team monthly to gather feedback and continuously improve the platform’s transparency features.
Step 1: Pass Prop Step 2: Collect Payment Step 3: Grant the team access and buildout their account Step 4: Reconcile and generate reports
REPORTING EXPECTATIONS:
12 monthly breakdown reports for 77 addresses. Live Octav dashboard for community viewership from day 1. On going customer support to ensure the best experience for the DAO team and community.
OVERALL COST:
“Total amount requested from the ApeCoin Ecosystem Fund = $8000.”
Initial Pricing Offer: The service is priced at $8,000 for a 1-year subscription, covering 77 treasury wallets and 12 monthly breakdown reports. Payment will be made in USDC to an address specified by the Octav team following approval.
The community feedback period for your proposal would be ending in less than 24 hours.
If you’re content with the feedback received, your next steps are to finalize your proposal using the AIP Draft Template.
A moderator will reach out to the author to finalize the AIP Draft. Upon receipt of the final Draft, we will review and provide instructions on the next steps.
Are you ready to proceed to the next phase or do you wish to extend community discussion for another 7 days?
@ATTRIUS has requested to extend the community discussion period for this AIP idea. This topic will automatically close a further 7 days from now. We encourage the community to continue to engage in thoughtful discussions through constructive criticism, honest feedback, and helpful suggestions.
Follow this Topic as further updates will be posted here in the comments.
thanks for the proposal. Treasury snapshots have been historically challenging to share with the community.
How do you see this help bring transparency to the DAO?
The community feedback period for your proposal would be ending in roughly 24 hours.
If you’re content with the feedback received, your next steps are to finalize your proposal using the AIP Draft Template.
A moderator will reach out to the author to finalize the AIP Draft. Upon receipt of the final Draft, we will review and provide instructions on the next steps.
Are you ready to proceed to the next phase or do you wish to extend community discussion for another 7 days?
This creates the opportunity for added transparency particularly on the transaction side. The team can label and add context on transactions that can be shared with the community through reports. This allows for more transparent bookkeeping wear community members can conveniently see treasury movements with explanations.
This also allows a live dashboard that community members can use to see treasury balances or any historical daily treasury balance breakdown from the start of the partnership.
Thank you for your ideas [and the ApeCoin DAO community for the insightful discussions].
A moderator will reach out to the author to finalize the AIP Draft using the appropriate template.
Once the AIP Draft is confirmed by the author and meets all DAO-approved guidelines, it will receive an AIP ID number and move forward for Draft Analysis Review.
@ATTRIUS please see your messages for the next steps.
Follow this Topic as further updates will be posted here in the comments. In accordance with DAO-approved guidelines, if the author does not respond within 30 days, the proposal will be automatically transferred to the Withdrawn category, and the author can re-submit the idea.
