Tech
How Does DAO Treasury Management Work?
Decentralization, transparency, interoperability, and efficiency are some of the keywords that blockchain advocates have repeatedly used to pitch the technology as the next big thing. Decentralized/Centralized Trading platforms, Traded Currencies, and Autonomous Organizations are all top examples of blockchain-built use cases. While retailers perceive the crypto market as another investment opportunity, institutions have a lot to take care of, including asset management, asset utilization, and investment.
A DAO (Decentralized Autonomous Organization) is one such use case of blockchain that encapsulates all the key tasks of crypto institutions, i.e., asset management, ownership, fund allocation, and data-driven decision-making for investment.
Governance At The Core
DAOs heavily rely on governance to function effectively. They are designed to be decentralized and autonomous, meaning that decisions are made collectively by the community rather than by a central authority. The motive behind embracing a community-driven approach is promoting trust within the DAO to ensure effective asset management, utilization, and timely conflict resolution. Let us understand DAOs better before decoding treasury management.
Understanding DAOs
A Decentralized Autonomous Organization (DAO) is a novel organizational structure facilitated by blockchain technology. It operates on smart contracts, enabling automated decision-making processes and financial transactions without the need for traditional intermediaries.
DAOs exist to end monopolies and eliminate the single point of failure by distributing decision-making, fund management, and governance among participants. These participants are generally users holding governance tokens. The decision-making powers are usually proportionate to the number of governance tokens held by a user.
What Is A DAO Treasury?
A DAO treasury refers to the financial repository or pool of assets controlled and managed by a Decentralized Autonomous Organization (DAO). A DAO treasury has multiple key elements, including:
Digital Assets Custody: DAO treasuries typically hold digital assets, which can include various cryptocurrencies such as Bitcoin, Ethereum, stablecoins, and other tokenized assets. Most DAOs act as a central digital asset custody platform for all the locked liquidity in the DAO. These assets serve as the foundation for the DAO’s financial activities.
Token Holdings: Many DAOs have their native governance tokens, which are distributed to participants based on their contributions or holdings. These governance tokens often confer voting rights and influence the DAO’s decision-making processes.
Revenue Streams: DAO treasuries generate revenue through multiple internal and external streams. Internal revenue may come from transaction fees within the DAO’s protocols or the issuance of additional governance tokens. External revenue streams can include partnerships, collaborations, and investments in other decentralized finance (DeFi) protocols.
But,
How Does DAO Treasury Management Work?
The key functioning of DAO treasury management includes overseeing and making decisions regarding the funds held by a Decentralized Autonomous Organization, ensuring the effective and sustainable use of the organization’s financial resources, and maintaining transparency and accountability.
Let us understand that in detail:
Governance: DAOs typically have a governance token distributed among members. These tokens grant voting power, allowing members to participate in decision-making processes proportionate to their holdings.
Anyone holding the governance tokens can propose changes or actions related to the treasury.
DAOs must establish effective voting mechanisms, such as quadratic voting or delegated voting, to decide on proposals. This is critical to ensure a fair and inclusive decision-making process. Quorums, i.e., a minimum participation threshold, are required to validate and implement proposals, preventing decisions from being made without sufficient community engagement.
Fund Acquisition: One key task of DAOs is initiating fundraising activities to acquire initial capital. This can be done through Initial Coin Offerings (ICOs), token sales, or participation in decentralized finance (DeFi) platforms.
In addition, DAOs often distribute their governance tokens through decentralized exchanges (DEXs) or token sales to raise funds for increased community participation and visibility.
Fund Allocation: The next step is to allocate funds wisely to mitigate the volatility risks and generate additional returns. That is why, some DAOs may diversify their treasury by holding various digital assets. However, there’s increased resistance from DAO members to swap the native token for other cryptocurrencies.
DAOs are also responsible for implementing risk management strategies, such as smart contract audits, insurance, and hedging mechanisms, to ensure the security of the treasury. They may also engage in yield farming, staking, or other DeFi activities to generate additional returns on their holdings.
Generating Revenue: DAOs generate revenue in two ways: by charging transaction fees within their protocols, issuing additional governance tokens as rewards for active participation, and entering partnerships, collaborations, and investments in other DeFi projects to bring in external revenue.
Enforcing Transparency and Accountability: DAO transactions and treasury activities are often recorded on a public blockchain, providing transparency and traceability. Also, DAOs are responsible for maintaining open communication channels with their community through regular updates. External audits and financial reporting are also critical to ensuring the integrity of financial operations.
However, certain challenges await DAOs amidst the increasing adoption.
Challenges In DAO Treasury Management
DAO treasuries control more than $10 billion in digital assets. However, some of the biggest DAO treasuries, like the Uniswap DAO, have more than 90% of their treasury, if not all, in the form of their native token. Another similar example is Compound DAO treasury, which has over 94% of its assets in its native token, i.e. COMP.
Absence of Diversification
More than 85% of DAO treasuries comprise just a single asset. Less than 25% of DAOs hold stablecoin in their treasuries. Now, imagine the state of such DAOs in case of a prolonged bear market like the previous one, where even cryptocurrencies with the strongest support plummeted by at least 50%.
While DAO members realize the need for diversification in treasury, any act of diversification or swapping the native token for stablecoins is faced with resistance.
Increasing Security Risks
DAO treasuries have been drained of millions of dollars over the last few years. Everyone would remember the infamous $120 million BadgerDAO hack. There are numerous examples like this.
Besides external threats, numerous internal threats involve internal disturbance through collusion and corruption.
The Limitations of Multi-Sig WRT DAOs
While DAOs have been using multi-sig security to tackle the challenges mentioned earlier, it has its own limitations. All individuals with key holder privileges possess identical capabilities to authorize transactions, limiting the implementation of complex governance threshold schemes. Furthermore, in the event of a key holder departure or addition, the standard practice often involves transferring all funds to an entirely new wallet.
The Road Ahead For DAO Treasury Management
There are two key suggestive changes that DAOs need to implement to tackle the challenges mentioned earlier:
Diversification: Isn’t this obvious? The crypto market is volatile, and reliance on a single asset could be fatal. Decentralized governance alone isn’t enough to ensure the survival of DAOs in a volatile environment. DAOs must embrace diverse digital assets (including stablecoins) and interoperability to survive and thrive.
Transition From Multi-Sig To MPC: For all the limitations that come with a multi-sig wallet infrastructure, MPC wallets are the answer. Reputable MPC wallet providers like Liminal allow DAOs to delegate specific permissions to different members according to their role in the DAO and prevent hacks by adding an additional layer of security.
Besides customizing access through a hierarchical model and enhancing security, Liminal also helps DAOs and crypto institutions comply with the regulatory guidelines, thanks to the platform’s KYC, AML, CFT, and travel rule compliance.
The Future Outlook
As the decentralized governance model witnesses increased adoption, sophisticated DAO treasury management will likely become a reality. Diversification of assets and increased asset security through the MPC wallet will be the driving pillars, with the native token being restricted to voting and supporting day-to-day operations.
Tech
Top 5 Sites to Buy Instagram Views
Success in the world of social media depends mostly on visibility. One of the most used platforms, Instagram usually honors profiles with high interaction by pushing their material to more general viewers. Purchasing Instagram views has become a reasonable tactic for many companies and entrepreneurs looking to generate awareness and build a strong online presence. Those who want to expand their accounts choose services mostly because they offer dependable, high-quality Instagram views. The top five websites to purchase Instagram views will be discussed in this post together together with how they help to create a strong Instagram profile.
Stormlikes
This is among the most respectable websites for getting Instagram views. Stormlikes offers a smooth approach to improve your Instagram profile since they are well-known for offering real and genuine views. For both novices and experts, their clear pricing and easy interface simplify the task. Maintaining your trust on the platform depends on Stormlikes making sure the points of view originate from true stories. Stormlikes is a go-to choice for influencers and companies trying to increase their video interaction since of this emphasis on authenticity.
Buzzoid
One such premium service for purchasing Instagram views is buzzoid. It provides quick delivery along with a range of packages to fit several budgets and needs. Depending on their purposes, users may select premium or high-quality views. Having thousands of happy clients attesting to the caliber of their offerings, buzzoid has developed a reputation for dependability. For those trying to improve the performance of their Instagram video, they are a consistent choice because of their responsive customer service and consistent delivery.
Social Packages
Comprising views, likes, and followers, Social Packages is a complete platform providing a range of Instagram development tools. They take great satisfaction in providing excellent views from real-life events, so making sure their offerings follow Instagram policies. SocialPackages additionally provide thorough tracking tools so users may keep an eye on the state of their purchase. SocialPackages is a flexible choice for influencers and companies trying to maximize their Instagram presence with affordable prices and customizable choices.
Famoid
Providing Instagram views, likes, and followers, famoid has become a reliable name in the social media marketing scene. Their focus on privacy and security distinguishes them since they safeguard user data by means of strong encryption. Famoid is a consistent friend for Instagram expansion since it guarantees quick delivery without sacrificing quality. Additionally providing round-the-clock customer support, the platform guarantees consumers get help wherever required. Famoid is a fantastic candidate for purchasing Instagram views since of their dedication to excellence and service.
Growthoid
Designed with an eye on natural development for Instagram accounts, Growthoid is a novel platform. Although its main services are manual engagement ones, it also offers premium Instagram views. The customized strategy of Growthoid lets users target particular groups, therefore guaranteeing that their opinions originate from accounts fit for their niche. This focused approach improves general involvement rates as well as perceptions. Growthoid offers a special and efficient answer for consumers seeking a custom experience.
Purchasing views might give your profile the boost it needs to rise in the cutthroat realm of Instagram and increase your reach. Real, excellent views provided by sites like Stormlikes assist build credibility and increase involvement. Selecting dependable suppliers and emphasizing consistency can help you lay a strong basis for steady development. Increasing your Instagram views with the correct approach and help will help you to succeed long-term on the network.
Tech
Mechanical Bull Market in the UK: Comparison of JB Inflatables, ProFab Inflatables, and East Inflatables
The mechanical bull is a popular inflatable amusement product widely used in rental businesses, amusement parks, and event companies. In the UK market, three major brands—JB Inflatables, ProFab Inflatables, and East Inflatables—are key competitors. This article compares their product quality, pricing, certification, logistics, after-sales support, and target customers to help businesses choose the right supplier.
1. Market Position & Brand Influence
- JB Inflatables (Dutch Brand)
JB Inflatables is a well-known European inflatable manufacturer headquartered in the Netherlands. It offers a wide range of inflatable products, including mechanical bulls, bounce houses, and inflatable slides. JB targets high-end rental companies, amusement parks, and large event planners in the UK market. - ProFab Inflatables (UK-Based Brand)
ProFab Inflatables is a UK-based manufacturer specializing in custom mechanical bulls and inflatable obstacle courses. Being a local brand, it has an advantage in faster delivery and after-sales support. Its primary customers include event companies, party rental businesses, and entertainment organizers. - East Inflatables (Chinese Brand)
East Inflatables is a global inflatable manufacturer based in Nanjing, China. It offers cost-effective mechanical bulls and other inflatable products that comply with UK safety standards. In the UK, East Inflatables is a popular choice for small and medium-sized rental companies due to its competitive pricing, EN14960 certification, and fast shipping.
2. Product Quality & Certification
Brand | Material & Durability | Mechanical Bull System | Certifications |
JB Inflatables | High-quality PVC, strong durability | Advanced control system with adjustable difficulty | EN14960, CE Certified |
ProFab Inflatables | Locally manufactured, strong structure | UK safety standard design, customizable themes | BS EN 14960 |
East Inflatables | High-strength PVC, good abrasion resistance | Optimized control system, adjustable difficulty | EN14960, CE Certified |
- JB Inflatables: Uses high-quality materials and advanced control systems, ensuring superior durability and safety.
- ProFab Inflatables: Locally manufactured, providing custom designs while maintaining UK safety standards.
- East Inflatables: Offers cost-effective yet durable products, fully compliant with UK and European EN14960 safety standards.
3. Pricing & Cost-Effectiveness
Brand | Price Range | Suitable for |
JB Inflatables | £6,000 – £9,000 | High-end rental companies, amusement parks |
ProFab Inflatables | £5,500 – £8,000 | UK-based rental businesses, event planners |
East Inflatables | £3,500 – £5,500 | Small to medium-sized rental businesses, startups |
- JB Inflatables: The most expensive but premium quality and strong brand reputation.
- ProFab Inflatables: Slightly cheaper than JB, with local UK manufacturing benefits.
- East Inflatables: Offers the best price-to-quality ratio, making it ideal for businesses looking to maximize ROI.
4. Logistics & After-Sales Support
Brand | Logistics | After-Sales Support |
JB Inflatables | Ships from the Netherlands, longer delivery times | Expensive spare parts, long repair time |
ProFab Inflatables | UK-based, fast delivery | Quick local repairs and replacements |
East Inflatables | Ships from China, sea & air freight options | 2-year warranty, remote technical support |
- JB Inflatables: Longer shipping times from the Netherlands and expensive spare parts.
- ProFab Inflatables: Faster local delivery and better after-sales support.
- East Inflatables: Cheapest overall investment, though spare parts are shipped from China. However, repair costs are lower.
5. Target Customer Groups
Brand | Best for |
JB Inflatables | High-end rental companies, amusement parks, large events |
ProFab Inflatables | UK rental businesses, party planners, event companies |
East Inflatables | Small to medium-sized rental companies, startups |
- JB Inflatables: Best for businesses seeking premium quality and strong brand credibility.
- ProFab Inflatables: Ideal for UK-based companies that want fast service and support.
- East Inflatables: The best choice for startups and budget-conscious rental businesses looking to reduce costs and increase profits.
6. Competitive Advantage Comparison
Brand | Price | Quality | Logistics & After-Sales | Market Fit |
JB Inflatables | High | High | Slow, international shipping | High-end market |
ProFab Inflatables | Medium-High | High | Fast, UK-based support | UK local businesses |
East Inflatables | Low | High | Remote support, cost-effective | Small & medium businesses |
7. Conclusion: Which Brand Should You Choose?
- If you are a high-end rental company, prioritize brand reputation, premium quality, and durability, and are willing to pay a high price, JB Inflatables is the best option.
- If you are a UK-based rental business, and you want fast delivery, local after-sales support, and decent quality, ProFab Inflatables is a good choice.
- If you are a small or medium-sized rental company looking for cost-effective options that still meet UK safety standards, East Inflatables is the best value for money.
As a Chinese manufacturer, East Inflatables has gained strong recognition in the UK market for its affordable pricing, compliance with EN14960 standards, and good durability. For businesses looking to maximize ROI, East Inflatables offers the most practical solution for mechanical bull investments.
Tech
How to Use YouTube Analytics to Identify Content Gaps and Uncover New Ideas
YouTube is an effective tool for reaching a large audience of creators.
However, how can you ensure that your material is unique and draws in the appropriate audience? YouTube Analytics is one of the best tools for this.
This tool may provide you with detailed information about how well your channel is performing.
I will demonstrate in this blog how to use YouTube Analytics to find new ideas and fill in content gaps.
Understanding YouTube Analytics
Okay, first thing first: what’s YouTube Analytics? It’s like the dashboard for your channel. You get to see how well your videos are doing. It shows you metrics like views, watch time, likes, and even where your viewers are coming from. If you want to increase your number of subscribers – it is important to take advantage of YouTube analytics.
Finding the Content Gaps
Finding content gaps is one of the main goals of using YouTube Analytics. In essence, a topic that is absent or underrepresented on your channel is known as a content gap. You can make videos that bridge these gaps once you have identified them. You will satisfy your audience’s needs and draw in additional viewers in this method.
- Check the retention of the audience
Retaining your audience should be one of your top priorities. This indicator lets you know how long viewers stay on your videos before leaving. A high drop-off rate at a certain moment may indicate that viewers aren’t obtaining the information they need or that your video isn’t interesting enough.
As an example, suppose you make tutorials on graphic design software. If viewers stop watching a video after the first few minutes, it may indicate that you aren’t getting to the core of their problems quickly enough. In this instance, you might enhance your material by changing the format or going directly to more insightful advice.
- Look at your best and worst videos
Take a look at your most popular videos and contrast them with ones with fewer views. What is the commonality among the videos that perform well? Are they employing a certain structure or addressing a particular subject? These effective components can be repeated in your subsequent work.
If one video about “Design Trends for 2024” gets tons of views while another “How-To” video barely moves, maybe your audience prefers trend-based content over tutorials. You could make more videos about trends and see how they go.
- External traffic and traffic sources
The ability to see the source of your visitors is another helpful feature in YouTube Analytics. Do visitors find your films from external websites, YouTube searches, or suggested videos? Examine the keywords people are using to locate your videos if you find that searches account for the majority of your traffic. This will let you know what your target audience is looking for right now.
- Know your audience better
Developing material that appeals to your audience requires a thorough understanding of them. YouTube Analytics gives you information about your viewers’ location, age, gender, and even device kind. You can find fresh ideas for audience-relevant content by examining this data.
So, if you find out most of your viewers are 18-24 years old and from the USA, maybe you could focus on topics that appeal to that group.
- Metrics of Engagement
Another important measure to consider is engagement. Examine the number of subscribers, shares, likes, and comments you received for each video. Generally speaking, a high engagement rate indicates that viewers are finding your video compelling. Think about why some videos seem to have more interaction than others. Do they cover popular subjects, promote conversation, or pose questions?
How to Generate New Ideas with These Insights
Okay, now you’ve got the data. What do you do with it? Well, now it’s time to get creative.
Take those trends you spotted. If your audience loves trend-based content, maybe make a series on design trends for each year. If people are asking a lot about Photoshop tutorials, you could break down tools and tips that beginners are struggling with.
Think about your audience, too. If you know that most of your viewers are from a certain country, try creating videos based on regional preferences.
Maybe even ask your viewers what they want to see in the comments. It’s a great way to keep things interactive and make sure you’re creating content they actually care about.
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