DeFi Treasuries

Last week Hasu at Uncommon Core released a great article about treasuries in DeFi over here at: https://uncommoncore.co/a-new-mental-model-for-defi-treasuries/

I thought I'd share some brief thoughts about it and some key takeaways from it.

First up, DeFi treasuries or DAO treasuries for that matter are measured pretty incorrectly. There's a pretty famous…