AIP-number: 9
title: AITV Treasury Diversification
author: BlockOffice (@blockoffice)
status: Voting
created: 2025-11-03
Simple Summary
Authorize a structured, gradual diversification of the AITV DAO treasury from $AITV into blue‑chip reserve assets that the DAO has approved as LP quote assets for existing $AITV pairs on Base, Ethereum, and BSC (e.g., USDC, ETH, BNB, plus any additional DAO‑approved assets). Conversions of $AITV shall be executed in accordance with the guidelines established in this proposal, considering: market depth, volatility, and price trend indicators. The execution agent shall utilize time-weighted or algorithmic execution methods designed to achieve best execution, minimize slippage, and avoid any manipulative or disruptive market impact.
Motivation
- Reduce single‑asset (native token) concentration risk and volatility exposure.
- Align treasury reserves with trading pairs and operational needs (gas, LP, grants, runway).
- Improve financial resilience through stablecoins and blue‑chip assets while preserving $AITV incentives.
- Follow established precedent; see References for prior DAO programs and approaches.
Specification
Scope and Parameters (subject to DAO approval via Snapshot):
- Eligible assets: Assets the DAO has approved as $AITV LP quote assets on Base, Ethereum, and BSC (e.g., USDC, ETH, BNB), plus any additional assets explicitly approved by the DAO.
- Execution agents: DAO‑approved market maker(s) (currently Artis).
- Venues: Open market on CEX/DEX venues where $AITV is traded.
- Program size: Authorize conversion of up to 2% of total $AITV supply over an initial 3–6 month period, subject to market conditions.
- Execution policy (market‑sensitive, upward‑only):
- Utilize staggered/TWAP‑style execution and avoid selling into weakness.
- Apply reasonable per‑trade sizing and spacing to minimize market impact.
- Reassessment: At the end of the initial period, publish a report on program statistics and market conditions.
- Program Statistics: At the end of the initial program period, the execution agents will publish a summary report covering (i) the percentage of the authorized conversion cap executed, (ii) history of conversions, (iii) changes in volatility for $AITV, and (iv) the updated composition and stability of the treasury.
- Based on these indicators, a follow-up Snapshot may be proposed to adjust program size, pacing, or eligible assets.
- Use of Converted Assets: The DAO will continue to use its treasury assets to support its mission.
- Reporting and transparency:
- Provide periodic execution summaries and monthly roll‑ups posted to the forum.
- Maintain a public dashboard tracking treasury balances.
- Custody and accounting:
- Converted assets (USDC/ETH/BNB/approved assets) are held in designated DAO treasury safes with standard multi‑sig controls and onchain labeling.
Rationale
Gradual rules‑based treasury diversification is a widely adopted best practice to derisk DAO finances without “selling into weakness.” The “upward‑only, capped, and transparent” design balances market impact concerns with the need to build a resilient reserve. It also mirrors precedent (see References section below).
These programs demonstrate that clear execution rules, reporting, and community oversight can achieve diversification while preserving tokenholder alignment.
Snapshot Link (after forum phase)
References