Request for Proposals: Treasury Management Services for Arbitrum DAO

Proposals
1

  • Name: Armando A.

  • Email: Armando@augustdigital.io

  • Point of Contact: Armando A. : Institutional Business Development

  • Company Description:

  • August is the infrastructure layer bringing the prime brokerage experience to DeFi rails. August has a network of institutional LPs, relationships with leading protocols in areas such as money markets, risk curators, yield trading, L1s, L2s. OTC Credit solutions for yield strategists. The ability to offer structured products via integrations with derivatives.**

  • Upshift (August’s retail product) leverages August’s smart contract wallet foundation to provide a non-custodial vault infrastructure for asset managers to manage DeFi yield at scale, unlocking yield opportunities to the masses that are traditionally restricted to institutions.

  • Upshift was launched in Q3 2024 and now has over $280M TVL across partner vaults. The team is led by Aya Kantorovich, former founding team of FalconX, and Alexandre Elkrief, Head of DeFi at LedgerPrime.

  • Brief, Non-Confidential Summary of your proposed strategy:

âť– Arbitrum-Only Options Vault (Up to 10M ARB): A dedicated vault for Arbitrum token (ARB) deposits that employs covered call options to generate premium income while maintaining exposure to ARB. Yield potential 20%+ annualized. The strategy aims for:

➢ Principal protection through risk-reducing options strategies.
➢ Risk-adjusted returns via income generation without excessive risk.
➢ Liquidity management for flexibility in asset withdrawal.
➢ Full on-chain transparency for stakeholders.

âť– Single-sided AMM Pools Strategy (Up to 15M ARB): A strategy to unlock liquidity by implementing single-sided AMM pools where ARB tokens are converted into Stablecoins over 3 months gradually. Yield potential 8%+ APR dependent on market demand and other incentives, which will:

➢ Focus on risk-adjusted returns by concentrating liquidity in high-demand assets.
➢ Provide liquidity diversification to reduce reliance on single assets.
➢ Open new liquidity venues, attracting more projects and fueling ecosystem growth.

The August/Upshift proposal is part of a broader vision to provide sustainable and efficient DeFi strategies on Arbitrum. With the lower transaction costs on Arbitrum, these strategies are designed to enhance the profitability and accessibility of options trading and liquidity provision, opening up new opportunities for both retail and institutional participants.

August/Upshifts full proposal is available via Google Drive. Link: https://drive.google.com/file/d/1A-V0psvNdUdzW1R3Jai0E70aNWmKUYfY/view?usp=sharing

We are excited about the opportunity to engage with the Arbitrum DAO and look forward to discussing our proposal in detail. We are eager to collaborate and explore how our ideas can contribute to the ongoing growth and success of the ecosystem.

2

@AugustDigital Hi Armando! We prefer posting the full proposal on the forum (not Google Drive). This is the typical practice at ArbitrumDAO. Can you post a full proposal on the forum?

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3

hey, it might make more sense to comment this application under this post [RFP Process] Request for Proposals: Treasury Management Services for Arbitrum DAO

4

Hi @raam - thank you, I’ve posted the proposal under the post.

5

HI @Tekr0x.eth - we posted in the format requested. The proposal is 10 pages long and we see other applicants using the same format. Please advise. Thank you!

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6

Oh, I see now. This was supposed to be published as a comment under RFP for Treasury Management Services post. I see you posted it there. All good!

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