---
title: Mystic Whales Meeting 24-11
tags: Client Sync
---

# Mystic Whales Meeting 18-11

## Current Clients 🟢

#### Whale Street (Yalor)
- Client requires help in community strategy & management (e.g. how to use Discord, educate community members, etc.)
- Bringing in YAP Global to do launch of WhaleStreet DAO

#### Rigor Build (Will/Jeremy)
- Proposal signed & awaiting initial payment

#### Dystopia Labs
- Nothing new to update

## Charter Review 🟡
NIL

## Open Leads [WIP] 🔴

#### Nala DAO (Amos/Sydney)
- Editing Project Charter. Need to sync with Ryan whether he has bandwith before sending Project Charter.

#### Rara Protocol (Yalor/Amos)
- Kickoff call pushed to 13 December. Looking to start in January

#### [Charged Particles](charged.fi) DAO (Jeremy/Amos)
- Helps NFTs contain ERC-20 tokens with lockup/release mechanisms
- Brainstorming DAO & community design before going live with Discourse & Snapshot
- Discovery Call scheduled on 3 Dec

#### Diamond DAO (Ryan)
- Potential lead for tokenomics help. We require a review on their direction & progress from Ryan before deciding how to move forward

#### Govrn (Yalor/Amos)
- Potential lead for tokenomics help after fundraising round.

#### Bounties DAO (Ryan)
- Potential lead for tokenomics help after fundraising round.

## General Discussion

Mystic Whales are OOO 15 Dec to 1 Jan

Mystic Whales internal materials & slides are work in progress
- We are in the middle of a Decentralised Investment Bank and a VC Fund.
- We help "put projects onto exchanges", so that makes us similar to an IB. We hold tokens in our treasury, so that makes us similar to a VC fund.
- Members get a share of the Treasury, much like an investment bank
- We are careful with the languge externally from a regulatory POV, but the above is our internal lingo

Treasury
- Most of our Treasury are project tokens that we need to hold.
- Free liquidity amount is around 30K: X amount reserved for USDC/DAI staking (24% APR), Y amount reserved for ETH staking (6% APR), Z amount reserved for WBTC staking (if we want exposure)

Create a Medium Post / Mirror that details what we do, allowing new clients to take a look & understand us better