BUILD Finance Treasury Update — October 2021

BUILD Treasury Update:

Correct as per block 1,344,1672 (18 Oct 2021)

  • New Treasury Address: 10 DAI; 5,849 BUILD; 130,209 METRIC ($944,557 equiv.)
  • Balancer Pool (3 Asset): 101,162 DAI; 6,617 BUILD; 15,404 METRIC ($303,486 equiv.)
  • Balancer Pool (5 Asset): 58,756 DAI; 4,019 BUILD; 9,439 METRIC; 95,987 BCRED; 272,457 UPDOWN ($293,780 equiv.)
  • Multisig Wallet: 26,273DAI; 530 METRIC; 10,702 BCRED ($36,306)
  • Old Treasury Address: 80 BAL; 98,890 UPDOWN, 140 DAI, 5 BUILD ($23,286 equiv.)
  • Fee Collection Address: 1500 DAI; 6 BUILD ($1,590 equiv.)
  • Unclaimed Balancer Rewards: 407 BAL ($8,884 equiv.)

METRIC Treasury Update:

Correct as per block 1,344,1672 (18 Oct 2021)

Conclusion:

Both BUILD and METRIC have substantially outperformed the overall crypto market capitalization since the previous update in August 2021 (30% increase to date). This is great news for BUILD and METRIC holders, and moves the DAO to a much stronger position from which to attract new dev and ops talent. Furthermore it means we are in a position to finance a wider range of activities relating to the development and promotion of our interests and partnerships. The team at BUILD believe that as the treasury increases in value it would be prudent on behalf of all token holders to diversify the range of assets held by the DAO. This will ensure that the DAO can successfully weather all market conditions, and secure funding along an appropriate runway to deliver the applications that the market needs.

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