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The Goal is Resonance

The goal is resonance. Nothing is better than resonance. If you have a billion dollars, you are still seeking resonance. If you are well respected, you are still seeking resonance. If you are enlightened, you are still seeking resonance. Even Buddha was seeking resonance. Why else would he share his teachings with others? Resonance is … Continue reading The Goal is Resonance

How to Structure a Protocol’s Treasury

How should a protocol like Uniswap or Compound structure its treasury? This post covers the principles of protocol treasury management, fiscal policy, asset allocation, ways to diversify the treasury, and responsibilities of a treasury committee. Principles Infinite time horizon The treasury should be structured to exist in perpetuity. There should be no time preference, i.e. … Continue reading How to Structure a Protocol’s Treasury


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