IOTA Tangle DAO LLC has announced the revival of its active asset management program, with a focus on secure DeFi operations like liquidity pools and lending on audited platforms.
In order to effectively manage its DeFi activities, Tangle DAO LLC has implemented a comprehensive active asset management policy.
The Tangle Treasury Grant Committee has declared its intention to reinvest its digital assets, including IOTA, SMR, and USDT, into the IOTA EVM DeFi protocols. The main objective is to prioritize liquidity pools and lending activities.
The committee has specified that speculative trading will not be included in these investments. Furthermore, the revenue generated from these activities will be used to fund grants, cover operational expenses, and strengthen the financial position of the Tangletreasury.
Tangle DAO LLC Resumes Active Asset Management Program
In a recent blog post, Tangle DAO announced the official resumption of its active asset management program. The program will now focus on participating in secure decentralized finance (DeFi) operations, such as liquidity pools and lending on audited platforms, while avoiding speculative trading.
This decision was made in response to the prolonged periods during which a significant portion of Tangle’s assets, including IOTA, SMR, and USDT tokens, remained unused before being allocated for grants or operations.
However, one of the core principles of Tangle DAO LLC is to maximize the utilization of assets donated to the IOTA and Shimmer communities. This approach will ultimately strengthen the IOTA/Shimmer ecosystems, improve the organization’s financial standing, and extend its operational timeline while effectively managing risks.
This is one of the key initiatives taken by the Tangle Treasury after implementing anti-fraud measures to protect Grant distribution, according to the CNF report.
Tangletreasury to participate in #IOTA EVM DeFi?
Dear #IOTA #Shimmer community,
The Tangletreasury Grant Committee has decided to once again utilize Tangletreasury assets such as $IOTA, $SMR, $USDT to participate in secure IOTA EVM DeFi protocols, for example in liquidity pools and…
Exploring Opportunities in the DeFi Space for IOTA
As reported by CNF, the IOTA DeFi EVM ecosystem is currently experiencing growth, supported by the successful IOTA EVM Liquidity Campaign, which is bootstrapping liquidity.
This presents low-risk opportunities for IOTA Tangle DAO LLC to engage in liquidity pools and lending activities. By doing so, the Tangle DAO can further strengthen its position through earned rewards and trading fees. Additionally, these efforts will contribute to improving the liquidity depth and quality within targeted pools, including the rebalancing of unbalanced liquidity pools using Tangle DAO LLC’s assets.
To oversee the entire process, the Tangle DAO LLC Grant Committee has established a comprehensive active asset management policy. Some key components of this policy include:
– Full transparency of all DeFi activities, with public reports on asset usage, rewards earned, and other relevant information.
– Compliance with established guidelines to ensure responsible asset management.
– Approval from the committee for each operation, such as participation in a specific liquidity pool with a designated amount of tokens.
– Detailed risk and benefit assessments for all decisions, including clear security measures.
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