Treasury Monthly Reports by karpatkey

As per BIP-103, @karpatkey is Balancer DAO’s partner for treasury management, tasked with deployment of yield generating strategies, risk management and reporting.

After several months of hard work on our reporting engine, we are pleased to announce the launch of the monthly Endowment reporting section, following the July announcement.

Monthly Report

The new reports feature a detailed outlook on how the treasuries of the DAOs we work with are being managed. This is a token of our commitment to transparency and one more step towards increased automation.

Each month, a link to the web report will be posed on this topic. Reports will also be available in the reports section of the karpatkey web.

Our new reporting format introduces additional sections that aim to offer a comprehensive understanding of the Endowment’s performance. Them being:

  • Summary
  • Balance overview
  • Treasury Variation
  • Farming Funds and Results
  • Token Detail

The Treasury report for the month of July is already out and available in karpatkey’s web.

Next Steps

We are commited to improving and enhancing the monthly reports, allowing for quick insights into our work and the treasuries we manage.

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The August Treasury report has been released and can be accessed on karpatkey’s website.

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The September Treasury report is now accessible on karpatkey’s website. We regret any inconvenience caused by a minor delay in publication, which was due to a technical issue.

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The October Treasury report has been released and can be accessed on karpatkey’s website.

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The November Treasury report is now available on karpatkey’s website. We apologize for any inconvenience caused by the delay in its release, which was the result of implementing a new methodology for a specific situation that does not pertain to the Balancer treasury.

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The December Treasury report has been released and can be accessed on karpatkey’s website.

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The January 2024 Treasury report has been released and can be accessed on karpatkey’s website.

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The February 2024 Treasury Report is now accessible on karpatkey’s website. We apologize for any inconvenience resulting from a slight delay in publication, which occurred due to a technical issue.

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Hey, @karpatkey are the DeFi results in the report for February alone? I am also curious how you guys account for the appreciation/depreciation of assets like ETH or AAVE.

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hey @Sixty the DeFi results are for the month of February.
As for the price change of the treasury assets, they are accounted for in the ‘Treasury Valuation’ section (e.g. +$1.35M for the month of Feb).

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Thanks for the clarity @parkienator! Is there any reason the $1.35M increase is referred to as operations results?

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No problem, happy to see community involvement :slight_smile:

It’s referred to as ‘operations results’ for simplicity purpose, we could theoretically open 3 categories: 1. marked-to-market, 2. operational results, 3. DeFi deployment yield results.

For further context, in the case of some other DAOs, they might have a unified treasury (omnibus account that they use to deploy to DeFi, receive income / pay for expenses, etc). In Balancer this does not happen so Operational results = Price variation.

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Thank you again for the context, it’s great to see how you guys are visualizing treasury management data, the karpatkey reports are excellent.

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The March 2024 Treasury report has been released and can be accessed on karpatkey’s website.

The April 2024 Treasury report has been released and can be accessed on karpatkey’s website.

The May 2024 Treasury report has been released and can be accessed on karpatkey’s website.