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ATOM Accelerator DAO Transparency Report 5

AADAO1 posts704 views8 likesLast activity Feb 2024
DA
DamienOP
Feb 2024 8

ATOM ACCELERATOR TRANSPARENCY REPORT 5 Report Date: Thursday 22nd February 2024 Table of Contents 1. Overview 2. Financial Reports • Balance Sheet • Income Statement • Cash Flow Management • Hedging Operations 3. Internal Operations/Changes 4. Grant Application Summary 5. Grant Funding Updates 6. Grant Updates 7. Tokenomics RFP Update 8. The new Mandate/Application starts on 2/7/24 9. Oversight Election Process 10. Notable Internal Transfers 11. Upcoming Updates Appendix A: Grant Summaries 1. Overview The AADAO recently received Cosmos governance approval to pursue a new mandate. The new mandate ushers in a new era in the DAO with many structural and operational changes happening. AADAO will be transferring its payment and treasury management operations to DAODAO giving the DAO more flexibility in structure and flow whilst also allowing for more transparency for third parties to view the on-chain activity of the DAO and sub-DAOs associated. The move to DAODAO also gives our Oversight Committee direct access to be able to VETO anything that they deem worthy as they are now part of the process flow. As part of our…

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