Thread by @0xPolygon

Power to #DAO communities 🙌

@aerafinance, the world’s 1st autonomous, data-driven treasury management protocol, will now work closely w/ #Polygon

This will empower DAOs to play a more agile & risk-aware role when it comes to investing in DeFi.

yhoo.it/3FCYEqq

It is difficult for DAOs to manage treasury funds efficiently with current mechanisms. While some DeFi derivatives and hedging products do exist, there is no one-stop solution.

But whatever the solution is, we believe that DAOs must remain 👇

1️⃣ Autonomous
2️⃣ Data-driven
3️⃣ Decentralized
4️⃣ Transparent

Aligned with this ideology, the Aera protocol provides 👇

Individual Vaults:
DAOs access a unique, customized, self-custodial Aera vault where they can deposit token reserves.

Independent Rebalancing:
Third-party Guardians can suggest adjustments to the composition of an Aera vault across a set of approved assets to optimize DAO treasury funds based on market conditions.

Access:
Withdraw funds on-chain using Aera dashboard or by writing an event-based script that triggers withdrawal. Dashboard stats show the composition of the vault, giving DAOs uninterrupted visibility and access to their assets.

Aera will incentivize certain DAO participants to allocate assets to risk products for which they will be rewarded with fees when investment goals are met, or penalized if they worsen the DAO’s welfare.

They are exclusively creating vaults for DAOs #onPolygon to provide parameter submitters and arbitrageurs (the Aera actors) with a low transaction fee network with high security guarantees.

Polygon is proud to work with Aera to empower DAOs and bring a new perspective on how to incentivize people who are trying to help manage DAO assets.

More on Polygon x Aera: blog.polygon.technology/aera-taps-poly…