2024-September Centrifuge DAO: Monthly Summary

2024-September Centrifuge DAO: Monthly Summary

Welcome to our monthly summary* of news, events and governance updates from the Centrifuge DAO for September!
*Please subscribe to the newsletter to receive the latest updates directly to your inbox!

Centrifuge made some big moves in September, including deepening our partnership with Anemoy and joining the Tokenization Grand Prix—an exciting opportunity to shape the future of onchain asset management. Catch up on all this and more in our latest newsletter! More on this, and more exciting news, can be found in this newsletter!

Key Metrics

  • Anemoy Liquid Treasury Fund: $37.99M
  • Total Assets Originated: $651M
  • Assets Tokenized: 1550
  • Token Holders: 54,534 Wallets (+194)
  • Centrifuge treasury: 20.62M CFG

Ecosystem

The Ecosystem is focused on educating the world about Centrifuge, creating visibility and opportunity for RWAs, and sharing the narrative of how the world’s credit will be financed through DeFi.

September highlights include:

Community

The Community is represented primarily by individuals and organizations that are actively participating in governance, contributing to processes and discourse, and are economically tied to the success of Centrifuge.

  • Major partnerships this month: :fire::moneybag::handshake:t2:
    (1) Centrifuge and Anemoy participate in the Tokenization Grand Prix, an opportunity to redefine the future of onchain asset management. This collaboration leverages Centrifuge’s tokenization technology and Anemoy’s asset management expertise to bring a powerful, institutional-grade solution. The application can be found here.

    (2) Centrifuge will be entering into an exciting strategic partnership with Janus Henderson and Anemoy Limited. Janus will manage Anemoy’s Liquid Treasury Fund, a fully onchain, tokenized fund issued on Centrifuge that provides investors with direct access to short-term US Treasury bills.

    (3) Anemoy is pleased to announce a strategic partnership with Archax, the UK’s first regulated digital securities exchange, broker and custodian to add the Liquid Treasury Fund (LTF) to its Primary Platform.

    (4) Centrifuge is partnering with Chronicle to enhance transparency for the Anemoy Liquid Treasury Fund by providing real-time price updates and third-party verification via a decentralized RWA Oracle. The benefits of this integration: transparency for stakeholders and visibility into the fund’s full portfolio (including cash movements and offchain holdings).

Social media coverage:

@Polkadot: Call it RWA-summer?

https://x.com/DefiantNews/status/1830969311244259337
https://x.com/TheKusamarian/status/1831473382279274640
https://x.com/MerlinEgalite/status/1832061392645460320

Save the date: :date:
Real-World Asset Summit New York | October 22 & 23 :tickets:

Governance

  • To get an overview see the monthly Governance update provided by the Governance & Coordination Group.
  • Two ongoing proposals the DAO need your input and participation:
  • To improve the management efficiency and effectiveness of the Centrifuge DAO’s treasury by modifying the CP2 component provided for proposers requesting funds.
  • The aim of this proposal: resources should be allocated to the proposals that can make the case for the highest return and highest impact for Centrifuge according to clear goals and themes.
  • The agenda for Centrifuge Governance Call #30 on September 18: Treasury Goals from the TAG, changes to funding process and an update on the proposal to the Polkadot Treasury
    *Reminder: If you haven’t joined a gov call yet, you have to register via the link in the forum post.

:exclamation:Please actively participate in the governance process, leave your comments and remarks in the RFCs and vote on proposals​:exclamation: :ballot_box::writing_hand:

Protocol

The Protocol is represented primarily by organizations that are actively using Centrifuge’s technology to facilitate the underwriting, structuring, and financing of RWAs.

Product & Engineering

Stay tuned for the next monthly update with more news, governance updates and developments from the ecosystem!

Connect with us as a reply to this post or you can get in touch with the team, ambassadors or moderators in Discord!

5 Likes

Can Markitlend POP be put to a vote, or are there other next steps?

Good day @MktLend
If you think you have received enough support from the community and would like to move to an on-chain vote, please let us know.

More than 100 have read the proposal. If you have suggestions as to how I can reach out to community more proactively, that would be great.

What are your thoughts? Based your experience do you think it can pass?