#15 - Treasury report September 2022
#15 - Treasury report September 2022
We share a breakdown of the current Merit Circle DAO treasury including any outstanding investments.
With the coming of a new month, we are glad to share the latest treasury report. In this report, we provide an exact overview of the DAO’s current financial status. We share a breakdown of the current Merit Circle DAO treasury including any outstanding investments, buybacks and other financial activities.
This treasury report is based on the status of the treasury on the 31st of August 2022.
Treasury status
In the past month the treasury decreased from $107,328,764 in July to $103,696,823 at the end of August, a 3,3% decrease from the previous month. The DAO realized a profit of $3,327,539$ in the month August.
Live treasury dashboard v1
The very first version of our live treasury dashboard is now live. This provides a more clear overview of the treasury and allows investors to navigate through the made investments.
The dashboard has now been updated with the most recent data.
Visit the dashboard here - treasury.meritcircle.io
This dashboard has been developed by DAO contributor CryptoCarl.
Treasury overview
The Merit Circle DAO’s treasury balance as of the 31st of August 2022 is $103,696,823
When calculating our treasury’s balance, we only include non-native assets. This means we do not count the balance of MC tokens towards the total balance of our treasury since it might paint a diluted picture of the reality.
Since MC tokens will not be utilized for investment purposes, they will not be included in our balance sheet. Those interested can view the current balance in the mainDAO’s wallet to be viewed in the wallet overview beneath. In that sense, we have not included the DAO’s AXS & SLP balance, since both are mainly used for breeding purposes marking them as working capital instead of additional treasury funds.
We will break down the treasury in four categories; cash, staking, NFTs and tokens & equity.
Cash
Staking
NFTs
Tokens & equity
Wallet overview
To operate completely transparent, we would like to provide a full list of wallet addresses the DAO currently utilizes.
Ethereum
Binance smart chain
Solana
Ronin
To conclude
With the conclusion of yet another month, we’ve celebrated the one-year anniversary of the Merit Circle DAO. It’s been an absolute joy, and a moment to look back and see where we at. In a period where the market has significantly decreased, we’ve remained determined to maintain a healthy treasury all across the board.
That said, we’re more than excited for everything that’s coming up from the outstanding proposals, the products that we’re building to the games that we’ve invested in! Stay tuned as we continue for many years to come.
Notes
All of the balances and prices are based on calculations made on the 31st of August 2022.
All of the investments made after the 31st of August 2022 are not included in the treasury report unless specifically mentioned.