🔢Treasury Management Team

One these initial team growth benchmarks are hit, then the creation of a Treasury Management Team will be necessary in order to oversee the sum total of RISE assets in order to maximize value returned to RISE DAO over time. These functions will include:

• Purchase of assets in the form of cryptocurrencies, virtual assets in the metaverse, SAFTs, in-game tokens (such as, but not limited to, Small Love Potion (SLP), which is a token earned by winning battles in Axie Infinity and is required in order to breed Axie NFTs), as well as other NFTs to contribute to the development of metaverse economies;

• Overssing arbitrage farms to maximize yield

• Manage locked, unvested, undistributed tokens of all parties with the help of multi-sig wallets

• Provide guidance in events that involve debt and interest payments, acquisition of assets including any buybacks and future fundraising rounds;

• Perform financial operations such as accounting, audits, reporting and tax. Treasury assets are managed by the three co-founders via a multisignature Gnosis wallet.

  • Two out of three Trezor hardware wallet signatures will be required per transaction.

Multi-sig wallets

They're another way we maintain safety and security of all assets under management. This is a risk-management mechanism we have implemented. The DAO’s treasury assets are to be managed by multiple keyholders. Two or more private key signatures are required to send transactions. This will ensure maintenance of the security and integrity of the DAO treasury function.