Rethink Finance - Treasury Management Infrastructure

Introdoction

Hi Radient Capital community, I’m Rook from Rethink Finance. We are an asset management infrastructure provider working with and building on top of Safe Custody Contract, Gnosis Roles Modifier, and Open Zeppelin Governor, to make decentralised and delegated asset management more accessible and power the transition to decentralised and non-custodial asset management.

Summary

This post is a temperature check for Radient Capital community.

We would like to initiate discussion and find ways to make your treasury management execution more decentralised and efficient. Status quo is multisig. This is not only highy operationally complex (every transaction needs multiple signers, often at the same time), but also not fully decentralised and might even be facing regulatory risks.

We are presenting 2 complementary but independent solutions:

  • Decentralized Treasury Management
  • Delegated Asset Management

Detials

Decentralized Treasury Management

  1. Rethink Finance would partner with Radiant Capital community, to offer decentralized treasury management infrastructure governed by RDNT token.
  2. RDNT token holders above min. threshold (TBD) may create proposals on allocating community resources.
  3. RDNT token holders may vote on proposals themselves, or choose to delegate their voting power to trusted delegates (with the possibility to revoke delegation at any time).

Delegated Asset Management

  1. Rethink Finance would partner with Radiant Capital community, to offer its members the infrastructure to spin up multiple on-chain investment vehicles (OIVs).
  2. RDNT token holders may choose to deposit idle assets from the community treasury to OIVs to achieve common goals, while isolating risk.
  3. OIVs may have managers who may execute any transaction (any asset and any protocol on EVM) on behalf of OIV, if they have been granted scoped delegated permissions to do so.
  4. OIVs may be fully governed by RDNT token (token holders may create proposals or delegate voting power to trusted delegates, delegate scoped permissions, and approve valuation methods for OIV positions).
  5. Deposits and redemptions into OIVs are flexible and settled by a manager or through governance. Deposits into OIVs may be open to the wider community or gated by a whitelist.
  6. OIV managers may earn fees (performance, management, deposit, or redemption fees) for their service.

IMO this would be a great step toward improving DAO treasury execution for Radiant :muscle:

Plus I’m looking forward to what our gigabrain DeFi strategists from the Radiant community have to offer for the “managers” role described above :wink:

Radiant Capital :handshake: Rethink Finance

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Cinque from rethink here. Even if the community or exisiting multisig holders aren’t worried about the regulatory landscape regarding multisigs, I think the protocol we have developed could help make things better operationally when it comes to active strats, while maintaing security. Perhaps even inspire better ways you could build something yourselves.

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A good way to hold DAO leadership and radiant team accountable

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