5min chapter

Bell Curve cover image

DAO Treasury Management | Tarun Chitra

Bell Curve

CHAPTER

Is There a Difference Between a Dow and an Endowment?

The mango markets hack shares some some sort of abstract similarities with the insolvency at FTX in the sense that they had a token that was worthless backing most of its insurance fund. The trade off between like how much of your treasury you're willing to make a capital buffer so that you can offer more competitive products is extremely financial. There's no way around that for DAOs are not purely financial instruments like NFT orDAO, but they definitely have more quality than FTT.

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