Treasury Weekly

Property
Sep 20, 2022
Date
Sep 20, 2022
date
Sep 20, 2022
Tags
weekly
Last to edit
Agenda
  • BDAO payment, conversion
  • hop protocol
  • Budget
  • tasks wonderverse
 
 
  1. conversion
    1. MATIC converted to USDC (all revenue from red glove), limit orders on XEROX MATCHA 1inch for conversion
    2. average at certain limit orders
    3. sales, nft wallet:
      1. BG: $7937, 14 GLOVES
      2. RG: $14,633, RG
      3. total: $22,571.88
    4. BG >> stake it >> polygon staking
    5. RG >> convert to USDC
  1. hop protocol issue for branding payment
    1. binance wallet is a custodial wallet >> they can only get the money through their website interface,
    2. to access the wallet is going through the customer support team
    3. depends on how Binance wants to help
    4. if there is a way of hope protocol to give us compensation for this, signers took a while to sign the transaction, it is their responsibility to convert
    5. Binance move from custodial to their non-custodial, $500 negotiate down customer support
  1. bdao payment
    1. we owe for RG >> ~$14,000 >> %10 >> ~$1,400 or ~130,000 BANK, revenue split
    2. Buy BANK >> OTC
      1. OTC order >> someone would accept USDC
      2. convert MATIC to USDC,
      3. find someone who wants to sell their BANK
      4. then give that to treasury
      5. couple people who are willing to sell and ask them to make a bid
  1. budget
    1. buy 250,000 BANK >> ~$2,600
    2. ~500,000 BANK for q3
  1. task list Wonderverse
    1. UI: $250 - $500 on wonderverse ($50 down payment)
    2. UI for genesis fund coinocracy - $500 ($50 down payment) FE has to be familiar smart contracts
      1. includes consultation and steps

Treasury Weekly

Property
Sep 20, 2022
Date
Sep 20, 2022
date
Sep 20, 2022
Tags
weekly
Last to edit
Agenda
  • BDAO payment, conversion
  • hop protocol
  • Budget
  • tasks wonderverse
 
 
  1. conversion
    1. MATIC converted to USDC (all revenue from red glove), limit orders on XEROX MATCHA 1inch for conversion
    2. average at certain limit orders
    3. sales, nft wallet:
      1. BG: $7937, 14 GLOVES
      2. RG: $14,633, RG
      3. total: $22,571.88
    4. BG >> stake it >> polygon staking
    5. RG >> convert to USDC
  1. hop protocol issue for branding payment
    1. binance wallet is a custodial wallet >> they can only get the money through their website interface,
    2. to access the wallet is going through the customer support team
    3. depends on how Binance wants to help
    4. if there is a way of hope protocol to give us compensation for this, signers took a while to sign the transaction, it is their responsibility to convert
    5. Binance move from custodial to their non-custodial, $500 negotiate down customer support
  1. bdao payment
    1. we owe for RG >> ~$14,000 >> %10 >> ~$1,400 or ~130,000 BANK, revenue split
    2. Buy BANK >> OTC
      1. OTC order >> someone would accept USDC
      2. convert MATIC to USDC,
      3. find someone who wants to sell their BANK
      4. then give that to treasury
      5. couple people who are willing to sell and ask them to make a bid
  1. budget
    1. buy 250,000 BANK >> ~$2,600
    2. ~500,000 BANK for q3
  1. task list Wonderverse
    1. UI: $250 - $500 on wonderverse ($50 down payment)
    2. UI for genesis fund coinocracy - $500 ($50 down payment) FE has to be familiar smart contracts
      1. includes consultation and steps