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Aeacus Capital Management
Aeacus Capital Management will operate a DAO treasury (Prometheus) model governed by the $PRO token that integrates and considers all discussed until this point.
Exposure to profits from Prometheus is contingent upon holding the $PRO token. When gains are realized through various DAO investment activities, the proceeds increase the buying power of the treasury and reward holders through token buyback and burns.
As mentioned, a variety of DAO treasuries are emerging, each with its investment niches. Aeacus Capital, through the Prometheus treasury, will operate a cost of assets-under-management (AUM) service for external DAO treasuries. On behalf of DAO treasury clients, Aeacus capital allocates capital into a diverse set of investment activities. These activities may be outside the realm of expertise for the average investors with a stake in the DAO treasury. To protect the value of their assets, they may elect to allocate a portion of their treasury to assimilate with Aeacus Capital’s AUM strategies. External DAO treasuries are not charged up front, and instead, the internal taxation mechanics of the Prometheus treasury is applied to all transactions performed on their behalf.
For example, a DAO treasury may give 100,000 $USDC for Aeacus Capital to manage. For each trade performed or yield harvested, a 10% fee is applied. That fee purchases the $PRO token. It is either burned from existence, utilized in Peak Finance liquidity mining, or employed to satisfy an approved proposal within the DAO.
What is missing from existing DAO treasuries is active risk management. During a market-wide correction, treasuries may simply HODL their assets through the downturns. That is a missed opportunity to hedge the value of their investments and strengthen their positions upon confirmation of a trend reversal. Prometheus utilizes several hedging instruments to protect the treasury and, by extension, $PRO investors from price depreciation characteristic of market-wide corrections. Risk management strategies may include exiting depreciating positions into stablecoins and risk-off commodities (gold, crude oil, stocks, precious metals, real estate, real-world assets, etc.).