#24 - Treasury report February 2023

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 January 2023.

Treasury status

In the past month the treasury increased from $95,138,027 in December to $97,150,632 at the end of January, a 2,1% increase from the previous month. The DAO realized a profit of $65,104 in the month January.

Live treasury dashboard v2

We are continuously working on the dashboard, adding additional features, metrics and UI improvements, while continuously upgrading its look and feel. The next iteration will closely resemble the new staking environment as well as the upgraded Merit Circle website. Excitingly, we’re planning new features, such as the recently-added token value metrics based on book-value and earnings.

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.

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Treasury overview

The Merit Circle DAO’s treasury balance as of the 31st of January 2023 is $97,150,632.

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

• 0x7e9e4c0876B2102F33A1d82117Cc73B7FddD0032 

• 0x73F7261cF493105202F8dcbB11C126a65703dA55 

• 0xC4218226A5406Aa721EAEBc2D9dA9564AEdd7777 

• 0x0Dd535b4e9f3545413c5FE9F275d09A2555C750b

• 0x3cB580c041Cce953adfc2148e5BE6c1c893CCa9E

• 0x56475a4a8D00b6F7b01E0879CBbba609707aef6b

• 0x97173277FED329ee844BAfa44D7719ad372a7150

• 0xB5A0cbB4fC7294642216Cd7AFbc3525B24316cbc

• 0x4f6d9907fBc54feDeA9296860d36E14ccC348F7A

• 0xdE741b4FAb764Ff019C9ee5a3D972EFE5e1c1B96

Binance smart chain

• 0xf92Bc9ee240B82A888c398e6965A7edcBF9399CF

• 0xC4218226A5406Aa721EAEBc2D9dA9564AEdd7777 

Solana

• DbtR9eR6AeqkK5Sk1qKCVQhdRHCzb8P9zWSq1x1jp7ZS

Ronin

• Ronin:3b9fa4f077c068f8c0019c3a149155c8bd91046b

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To conclude

The past month has seen a slight uptick across the board. As a result, we’ve seen the treasury increase with some outliers here and there. We’ve shared our outlook for the upcoming year for the investment vertical here, going in depth into what we’re planning to do in the upcoming year.

While we’re excited to see the sentiment slowly becoming more positive, and the uptick in productivity, we will stay wary to protect our treasury at all costs.

Notes

• All of the balances and prices are based on calculations made on the 31st of January 2023.

• All of the investments made after the 31st of January 2023 are not included in the treasury report unless specifically mentioned.