FEI DAO Investment Policy Statement (IPS)

Hi @Bruno,

On Algo-stables
I was looking at the coingecko marketcaps for stables and I would suggest the following as a start (but not exhaustive):
FRAX, RAI, Float, sUSD, Terra and Liquity (not too sure about the last 3).
As Joey mentioned some time ago we can put all of this into a Balancer pool or leverage Rari to do this (see separate thread on Rari: White paper: FEI Lend)
Finally also would like your thoughts on how much we should invest into the stables pool? (I reckon anywhere in the ballpark of 2-4%)

On DeFi Blue Chips
No further comments, but if we are to hold blue chips in addition to Aave and Compound, I would also suggest Maker and YFI just to round it off, they each have a lot of intrinsic value so would be good to start with these 4.

On stETH
I’ve also mentioned in the Discord but Lido staked ETH is actually a good investment in the long run to capture (perceived) growth from ETH2 - great idea! Perhaps we can have a small pool into a stETH-ETH LP? I also agree on having an initial capped investment and then raising the cap by governance vote.

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