Really impressed with the amazing diversification ! Would have loved to see tokenized Gold but I do understand that introduces counterparty risk on the custodian side.
I agree with this 100% !
just one thing: since DAI is pretty much backed by USDC, for good diversification that 8% should be LUSD alone I guess.
Seems like a pretty strong and safe treasury management. I strongly agree with @Mariella, DAI is almost as having USDC, and you have enough USDC exposure in that hypothetical Treasury, so I would let aside DAI, or replace 8% of USDC for 8% of DAI.
That being said, I guess you have already done your numbers about AURA and probably it’s not efficient enough to cover the risk of having part of your treasury in another gov token. In that case I’m curious about why other protocols have been allocating part of their treasury into AURA in order to place themselves ahead in the bribes wars. Maybe they are willing to take higher risks for the potential higher rewards, and this treasury plan is a safer strategy?