Minotaur Treasury Deployment and OTC MMF Investment
Greetings! We hereby announce that the Minotaur Money treasury has entered the following farming positions in the Mad Meerkat Optimizer, in accordance with the results of on-chain governance:
Stake MMF/CRO ($40,000)
Stake MMF/USDC ($40,000)
Stake MMF/USDT ($40,000)
Stake WBTC/WETH ($53,400)
(Other key treasury transactions viewable on our spreadsheet)
We were especially happy to be able to make an OTC deal with MMF leadership: we received 20% bonus MMF tokens with our purchase of $50,000 worth of MMF. We know that our investors want VC-style deals, and MMF was extremely accommodating by making this happen for us! This purchase gave us favorable terms that are not accessible to the general public, enabling us to provide more liquidity in MMF’s decentralized exchange.
These will be core, long-term yield farming positions for Minotaur Money DAO. We are very pleased with the strength and ambition of the MMF ecosystem, and no DAO investment plan in the Cronos ecosystem would feel complete without MMF as a component. We are pleased to continue our participation in their ecosystem by providing liquidity, and we feel that this is our best opportunity in the Cronos ecosystem to grow our treasury. Many cheers!