---
# System prepended metadata

title: Alchemists Meeting Notes - 3/22/22
tags: [Alchemists]

---

---
tags: Alchemists
---

# Alchemists Meeting Notes - 3/22/22

### Meeting Overview 
- investigate kashi risk introduction to sushi farms
- revise tranches to optimize for labor cost of farming
- model scenarios x strats (all cash, all high vol, full tranche)

#### [Treasury Management Strategy](https://docs.google.com/spreadsheets/d/13wKlN4u176S17vlfhMS9W0PMEkjMgBsuvwi5o9la-Vw/edit#gid=463347158) 

- Funds management for Warcamp over the next several months 
- Reduce transaction overhead on farms
- optimize for moderate yields and strong security

#### Proposed distribution changes 
- removal of lending from the equation 
    - Kashi Infrastructure 
        - It doesn't touch the LPs of the DEX structure (as far as we know)
- Substituting wxDAI/USDC pool on **sushi** for **agave**


**MetaQuestions from Jord**

#### volatility & contract risk

- lowest risk option
- risk reward cost/benefit based off that


##### Cerez & Spencer Creating  Four models 
> *Revision of tranches to optimize [existing structure](https://docs.google.com/spreadsheets/d/13wKlN4u176S17vlfhMS9W0PMEkjMgBsuvwi5o9la-Vw/edit#gid=463347158)*
- all cash - crab market
- high volume (less cash) - boom market 
- doom market
- contract risk-off version (some variation)

### Partnership Strategies 

DAO token swaps that Cerez has outline as **highvalue**
- Balancer (BAL)
    - acquiring some BAL will allow us to participate in the vPrograms their beginning to setup 
    - Incentivizing Balancer wETH/HAUS pools
- Gnosis (GNO)
    - stronger alignment with DAOhaus
    - getting GNO into our treasury would allow us to generate cashflow through running validators
        - gno is a very quality asset 
        - gno trades below book value of gno held by the treasury of gnosis dao
        - gnosis chain merge will be huge
- DxDAO (DXD)
    - DXD trades at 1/3 of the value in the treasury 
    - they are running a byback program
    - modis operandi
        - decentralized focus
- Symmetric (SYMM)
    - similar to Balancer
    - Incentivizing Symm wETH/HAUS pools

#### Why would these projects be interested ?
- gnosis folks are interested in doing a venture deal & token swap 
    - different group of people we would need to talk to. 
- Symmetric (80% sure we can do a swap with them)
    - partnered with prime DAO to be annointed as the balancer fork
    - Celo network deployment soon
    - get them setup as a formal DAOhaus DAO
- Balancer (2nd degree connections (james waugh & Bill w))
- DxDAO (will have to connect @sky @cerezbzns)

#### Approach

- Why not setup an LP instead ?
    - having immediate liquidity of tokens allowing DAOhaus to stake and earn vBAL or vSymmetric, etc. 


#### Rev gen conversation

- fundamental goals are that we have stablecoin income through warcamp
- create stable/acreeting value to HAUS token
- continue thread in forum, identifying potential additional rev gen opportunties 
#### Haus token utility 

- creating a program that aligns with the rev-gen potential 
- how to undangle a token 
    - value accrual mechanisms 
- Bau will create forum post to begin stirring the ontologically creative brains of the Haus ecosystem around ideas of Haus token utility and design. 