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# DAO Treasury

## Overview

To support the growth of the Parallel Protocol a protocol treasury has been set up, funded by the [fees](/products/parallel-v3/fees) generated by the protocol.

Aggregated DAO Treasury can be seen using Octav in real time thanks to their analytics feature:

- [Real Time Aggregated DAO Treasury](https://pro.octav.fi/parallelprotocol/treasury)

## Strategy

Initiated by [MGP-12](https://gov.parallel.best/t/mgp-12-launch-mimo-treasury-strategy/264) and updated with [MGP-15](https://gov.parallel.best/t/mgp-15-update-treasury-strategy/294), [PGP-24](https://gov.parallel.best/t/pgp-24-l-update-treasury-strategy/434) & [PGP-30](https://gov.parallel.best/t/pgp-30-l-update-dao-treasury-strategy/481) a strategy treasury has been implemented by the Parallel DAO. The strategy is performed by the DAO Multisig.

* General:
  * Every month, swap net accumulated (after service providers payment, etc…) paUSD, PAR & USDp to get a 30/70 split in $ equivalent in wETH (30%) and USDp
  * Every month, deposit and stake wETH with PRL from the treasury in PRL/wETH pools. chains, protocols and pools will be determined by the DAO multisigs with the advisory of Cooper Labs & Mimo Labs. This in order to bring greater flexibility in terms of management.
  * Every month, if there are not enough PRL in the treasury to get correct PRL/wETH ratio for LP, the DAO will buyback PRL tokens at the market via TWAP in order to get the right ratio to deposit in liquidity pools
  * Every month, deposit and stake USDp from the treasury in USDp/XYZ pools. Chains, protocols and pools will be determined by DAO multisig signers with advice from Cooper Labs & Mimo Labs. However pools must be non-IL, which means that USDp tokens can only be deposited in pools with another USD stablecoin. This in order to bring greater flexibility in terms of management.
  * Every 4 months, claim SPECTRA from sdSPECTRA staking → Deposit and stake them for sdSPECTRA
  * If there are funds deposited & staked on [Aura](https://aura.finance/):
    * Every month, claim BAL and AURA tokens from Aura
    * Every month, swap claimed BAL for AURA
    * Every month, lock AURA tokens and relock current vlAURA
  * If there are funds deposited & staked on [Beets](https://beets.fi/):
    * Every month, claim BEETS tokens from Beets
    * Every month,stake BEETS as maBEETS
  * If there are funds deposited & staked on [Shadow](https://www.shadow.so/):
    * Every month, claim SHADOW tokens from Shadow
    * Every month, lock xSHADOW
  * If there are funds deposited in another protocol not listed above we propose to let DAO Multisig signers manage what to do with rewards, with advice from Cooper Labs & Mimo Labs. This in order to bring greater flexibility in terms of management.

Voting power from vlAURA, sdSPECTRA, xSHADOW, maBEETS & potential additional governance tokens has been delegated to Mimo Labs. At least 5,000,000 liquid PRL  must stay in the DAO treasury.

:::info
If liquidity pools are to change over time, but retain the same tokens, multisig signers get the right to migrate liquidity to the new pools without the need for a DAO vote.
:::

## Multisigs Addresses

### Ethereum

| Multisig                | Signatures Threshold | Address                                                                                                               |
| ----------------------- | -------------------- | --------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0x25Fc7ffa8f9da3582a36633d04804F0004706F9b](https://etherscan.io/address/0x25Fc7ffa8f9da3582a36633d04804F0004706F9b) |

### Polygon

| Multisig                | Signatures Threshold | Address                                                                                                                  |
| ----------------------- | -------------------- | ------------------------------------------------------------------------------------------------------------------------ |
| Protocol & DAO Treasury | 5 out 8 signers      | [0x2046c0416A558C40cb112E5ebB0Ca764c3C5c32a](https://polygonscan.com/address/0x2046c0416A558C40cb112E5ebB0Ca764c3C5c32a) |

### HyperEVM

| Multisig                | Signatures Threshold | Address                                                                                                                       |
| ----------------------- | -------------------- | ----------------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://hyperevmscan.io/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95#code) |

### Base

| Multisig                | Signatures Threshold | Address                                                                                                               |
| ----------------------- | -------------------- | --------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://basescan.org/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95) |

### Sonic

| Multisig                | Signatures Threshold | Address                                                                                                                |
| ----------------------- | -------------------- | ---------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://sonicscan.org/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95) |

### Arbitrum

| Multisig                | Signatures Threshold | Address                                                                                                              |
| ----------------------- | -------------------- | -------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://arbiscan.io/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95) |

### Optimism

| Multisig                | Signatures Threshold | Address                                                                                                                          |
| ----------------------- | -------------------- | -------------------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://optimistic.etherscan.io/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95) |

### Gnosis

| Multisig                | Signatures Threshold | Address                                                                                                                |
| ----------------------- | -------------------- | ---------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://gnosisscan.io/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95) |

### Linea

| Multisig                | Signatures Threshold | Address                                                                                                                  |
| ----------------------- | -------------------- | ------------------------------------------------------------------------------------------------------------------------ |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://lineascan.build/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95) |

### Scroll

| Multisig                | Signatures Threshold | Address                                                                                                                 |
| ----------------------- | -------------------- | ----------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://scrollscan.com/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95) |

### Avalanche

| Multisig                | Signatures Threshold | Address                                                                                                                    |
| ----------------------- | -------------------- | -------------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://snowscan.xyz/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95#code) |

### Binance Smart Chain

| Multisig                | Signatures Threshold | Address                                                                                                              |
| ----------------------- | -------------------- | -------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://bscscan.com/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95) |

### Ink

| Multisig                | Signatures Threshold | Address                                                                                                                                       |
| ----------------------- | -------------------- | --------------------------------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://explorer.inkonchain.com/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95?tab=contract) |

### Berachain

| Multisig                | Signatures Threshold | Address                                                                                                                    |
| ----------------------- | -------------------- | -------------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://berascan.com/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95#code) |

### Unichain

| Multisig                | Signatures Threshold | Address                                                                                                                   |
| ----------------------- | -------------------- | ------------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://uniscan.xyz/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95#code) |

### Sei

| Multisig                | Signatures Threshold | Address                                                                                                                            |
| ----------------------- | -------------------- | ---------------------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0x1AD681fa147f35AB7B35c7a289B1938Bc0171e8b](https://seitrace.com/address/0x1AD681fa147f35AB7B35c7a289B1938Bc0171e8b?tab=contract) |

### Tac

| Multisig                | Signatures Threshold | Address                                                                                                                                  |
| ----------------------- | -------------------- | ---------------------------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0x1AD681fa147f35AB7B35c7a289B1938Bc0171e8b](https://explorer.tac.build/address/0x1AD681fa147f35AB7B35c7a289B1938Bc0171e8b?tab=contract) |

### X Layer

| Multisig                | Signatures Threshold | Address                                                                                                                                     |
| ----------------------- | -------------------- | ------------------------------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://www.oklink.com/fr/x-layer/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95/contract) |

### Plume

| Multisig                | Signatures Threshold | Address                                                                                                                                  |
| ----------------------- | -------------------- | ---------------------------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xd22b9E8eE5B6490C667D90c6819E53e9503EE139](https://explorer.plume.org/address/0xd22b9E8eE5B6490C667D90c6819E53e9503EE139?tab=contract) |

### Plasma

| Multisig                | Signatures Threshold | Address                                                                                                                     |
| ----------------------- | -------------------- | --------------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://plasmascan.to/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95#code) |

### Linea

| Multisig                | Signatures Threshold | Address                                                                                                                       |
| ----------------------- | -------------------- | ----------------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://lineascan.build/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95#code) |

### Katana

| Multisig                | Signatures Threshold | Address                                                                                                                      |
| ----------------------- | -------------------- | ---------------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://katanascan.com/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95#code) |

### Fraxtal

| Multisig                | Signatures Threshold | Address                                                                                                                    |
| ----------------------- | -------------------- | -------------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xF6Cd93af204947c9aAF55B15d907f8F4D08b91A3](https://fraxscan.com/address/0xF6Cd93af204947c9aAF55B15d907f8F4D08b91A3#code) |

### World

| Multisig                | Signatures Threshold | Address                                                                                                                                                       |
| ----------------------- | -------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://worldchain-mainnet.explorer.alchemy.com/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95?tab=contract) |

### Hemi

| Multisig                | Signatures Threshold | Address                                                                                                                                 |
| ----------------------- | -------------------- | --------------------------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://explorer.hemi.xyz/address/0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95?tab=contract) |

### Fantom

| Multisig                | Signatures Threshold | Address                                                                                                                           |
| ----------------------- | -------------------- | --------------------------------------------------------------------------------------------------------------------------------- |
| Protocol & DAO Treasury | 5 out 8 signers      | [0x174162ddecE9d0b7B68fd945e38c3372C4C818ba](https://ftmscan.com/address/0x174162ddecE9d0b7B68fd945e38c3372C4C818ba/transactions) |