Aragon DAO: Treasury

Aragon was founded in 2016 by Luis Cuende and Jorge Izquierdo, with the belief that the fate of humanity will be decided at the frontier of technological innovation. They set out to build tools for everyone to experiment with governance at the speed of software, and deployed the first DAO framework helping thousands of DAOs secure and govern over $6B in value.

Treasury:Current Balances

The treasury wallet comprises a total value of $125 million, allocated with 68% in stETH and ETH and 17% in USDC. Integral to the management of the DAOs on its platform is ANT, the native cryptocurrency of Aragon. ANT empowers owners with the authority to participate in critical decisions regarding the project's future. Within the treasury wallet, ANT accounts for 13.5% of the total value, which amounts to $16.9 million.

Treasury: Holding Overtime

The treasury's ETH holdings saw significant increases, adding 22k ETH in November 2023, 10.4k ETH in June 2023, and 12.7k ETH in August 2023. Correspondingly, the quantities of USDC and DAI decreased in response.

This indicates the proactive efforts of Aragon DAO in accumulating ETH for its treasury. Notably, in July 2023, Aragon DAO staked nearly its entire ETH holdings in #Lido #LSDfi, amounting to an impressive value of $72.6 million

Overall, the total value of the treasury has shown an increase from approximately $100 million to its current value of $124 million.

Treasury: ETH inflow/outflow

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Aragon DAO: Treasury