Good day, Community!
TAG - Treasury Advisory Group would like to share with you Centrifuge Treasury Report 2024 Q2.
What is this report about:
- A comprehensive report detailing the current state of the Centrifuge Treasury, including holdings, inflows, outflows, and overall financial performance.
Objective:
- Enhance transparency and accountability through regular reporting on treasury activities and the overall financial health of the DAO.
Executive Summary
Key Metrics
- Total CFG Supply: 551,243,910
- Circulating Supply: 498.299,000 (90.39%)
- Current Price: $0.356
- Total Value Locked (TVL): $303,337,614
- DAO Treasury Balance: 19,10M CFG ($6,813,452.112 at $0.356/CFG)
- Fully Diluted Market Cap $196,304,315
- CFG Holders: 54,299
Token and Network Performance
- Cumulative Assets Tokenized: 1,530
- Total Cumulative Origination: $613,792,667
Treasury Activity
- Recent Proposals: 6 submitted, 6 approved, 1 rejected
- Total CFG Allocated to Approved Proposals: 1,531,165 CFG
Notable Developments
- Record-breaking TVL of nearly $300M
- Initiation of bootstrap incentive rewards for RWA Lending Market liquidity
- Proposal to form a Treasury Advisory Group (TAG)
- Generation of first protocol fees, earning (2,201$) for the treasury
Outlook
The Centrifuge ecosystem shows strong growth in tokenized assets and TVL. The DAO is actively managing its treasury through strategic proposals and is beginning to generate revenue through protocol fees. The formation of a Treasury Advisory Group signals a move towards more structured financial management.
- The full report is available here: Centrifuge Treasury Report 2024 Q2 by TAG
