Key Takeaways
Gauntlet has been tapped by blockchain-based gaming protocol Xai to redesign its DAO governance framework and implement a comprehensive treasury management strategy through Aera. To drive this initiative, Gauntlet will harness experience in governance design and community engagement to drive growth and innovation across the Xai ecosystem.
Our work will focus on:
- Stake-weighted DAO governance
- Treasury management through Aera
Stake-weighted DAO governance
We will design a stake-weighted governance framework emphasizing transparency, accountability, and efficiency, with special consideration for Xai Sentry Node Holders. This includes coauthoring essential governance documents, coordinating a roadmap for decentralization, and providing feedback on engaging service providers, delegates, and stakeholders.
The governance framework will include clear guidelines for managing funding streams, allocating ecosystem budgets, and overseeing strategic upgrades. By prioritizing transparency and accountability, we aim to foster a governance model that encourages active stakeholder participation and trust within the community.
Treasury management through Aera
As a Guardian on Aera, a robust, customizable and non-custodial treasury management protocol, we can implement a comprehensive strategy for Xai to hedge risk, manage liquidity, and capture market upside, extending Xai’s financial runway and treasury health. Key components include:
- Risk-aware strategies: Deploy risk-aware treasury strategies, including time-weighted average pricing (TWAP) for stablecoins and levered ETH staking.
- Liquidity management strategies: Employ strategies like liquidity mining to drive Xai liquidity across DeFi.
Working with Xai shows our commitment to advancing decentralized governance and ensuring long-term sustainability across DeFi. Together, Gauntlet and Xai will ensure the Xai ecosystem thrives in a competitive market.
Gauntlet Team
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