We are thrilled to share the exciting news that BrainDAO's treasury has surpassed a significant milestone, with over 3000 ETH st

20 Jul 2023, 14:07
We are thrilled to share the exciting news that BrainDAO’s treasury has surpassed a significant milestone, with over 3000 ETH staked through Frax Finance's Liquid Staking Derivative (LSD), Frax Ether. BrainDAO's treasury has been diversifying its portfolio, including holdings of FRAX stablecoins through the Time-Weighted Average Market Maker (TWAMM) on Fraxswap, along with other notable assets such as WBTC, WETH, cvxFXS and more. Stay Tuned as BrainDAO’s future plans include further diversification of our treasury and the introduction of new cash flow mechanisms to reinforce BrainDAO's position.