Part 2 of the Treasury Questionnaire seeks to distill learnings on how the community is leaning from the initial questionnaire and to further clarify several key questions.
The overwhelming consensus seems to be that the community believes payment for contributions should come from $INDEX reserves.
75% of respondents believe that we should hedge between 10-30% of the treasury’s $INDEX holdings. The weighted average vote is 15.5%
This begs, the question, into what do we diversify?
and also, how often will we rebalance?
- < 3 Months
- 3 Months
- 6 Months
- 12 Months
- Only Once
The last questions from pt 1 of the questionnaire seemed to generate rough consensus.
89% of respondents want to maintain a target of some % of the treasury to be made up of streaming fee revenues as a buffer for INDEX volatility.
56% of respondents voted for targeting 0-10% of the treasury’s balance from revenue.
66% of the respondents agreed that moderate saving and moderate spending towards growth is ideal, while 33%, and I respect your ambition, think we should be sparing no expense for growth.
The general consensus seems to be oriented towards growth while being conscientious about spending at the same time.
There seems to be no strong consensus for targeting any specific amount of the circulating supply of $INDEX
Would love to hear everyone’s thoughts, agreements, disagreements below.
After this survey, I will work with the treasury committee to draft a proposal based on any actions we identify from this exercise.