[TCP] PCV Diversification Tribe

Hey Tribe! :evergreen_tree:

We reached the end of the 3 months expected on this experiment of the working group. It looked like an eternity and so many things changed.

I am happy to look at what we could accomplish during this time in various initiatives.

Just a summary of all the things we have done during this time:

  • May. Proposed a Stablecoin Investment (days before the May “crash” :stuck_out_tongue_winking_eye:), it fostered a wide discussion with the community and in the end it was not approved by a tight margin. This proposal also brought a code developed by @Eswak .

  • Jun. Elaborated the PCV Guidelines and did a community poll that oriented us on the strategy of how to deploy PCV. This document also brought a risk management strategy that was used in the proposals.

  • Jun. Proposed Staking ETH. This was approved by the community and PCV is generating revenue since then.

  • Jul. Proposed buying DPI via Bonding Curve and providing liquidity to DPI-FEI that was snapshot approved by the community and now is going to DAO vote.

We accomplished all the expected key results:

  • a document with an investment policy and risk management strategy shared with the community :white_check_mark:
  • a document describing the mechanism and the process and sharing the code to execute it :white_check_mark:
  • document with the details of potential initial allocations and if necessary the code to implement them :white_check_mark:

Actually, we went further and already implemented the initial deployments with PCV. The members of this working group also worked on other specific proposals that helped Fei Protocol.

At the end of this period, I just wanted to thanks all the learnings and partnership with @Eswak , @countvidal and @Matthew_Graham and the support from Fei Core team on the initiatives.

I am curious on how we can move forward in different working structures that can work better for everyone and incentivizing people contributing to the DAO. We are still at the beginning of this journey.

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