Proposal 2 - Establish Maximum Allowances for Reserve Backing Strategies

Summary

This proposal sets maximum allowance limits for PikuDAO’s reserve backing strategies. It ensures diversification, reduces risk, and provides clear boundaries for how DAO funds can be allocated.

Rationale

To maintain risk-controlled diversification and ensure transparent treasury management, PikuDAO must define the maximum allowance limits for each asset in which USP’s reserves can be deployed.

By introducing these caps, the DAO:

  • Prevents overexposure to any single protocol or asset

  • Ensures measured, step-by-step diversification from the initial 100% USD stable backing

  • Establishes a governance framework where new allocations always require DAO approval

  • Reinforces trust and accountability through predefined thresholds

These maximum allowances represent the upper boundaries of exposure; actual deployment may remain lower and will always be subject to further DAO proposals and approvals.

Reserve Backing Maximum Allowances

RATE CRYPTO TYPE DETAILS
100% USDT On Chain Tether – Official Home of Tether
100% USDC On Chain https://www.usdc.com
60% BMMF Turkey Stablecoin FX Arbitrage Strategy On Chain https://www.balsafinance.com/
25% Ethena USDe & sUSDe On Chain https://www.ethena.fi/
25% Cap USD On Chain https://cap.app/
25% USD AI On Chain https://usd.ai/
25% Arma Giza Agent On Chain https://arma.xyz/
25% Plasma DeFi Vault On Chain https://www.plasma.to/
25% Aerodrome yTRYB/USDC On Chain https://aerodrome.finance/deposit?token0=0x1a9be8a692de04bcb7ce5cddd03afca97d732c62&token1=0x833589fcd6edb6e08f4c7c32d4f71b54bda02913&type=-1&chain0=8453&chain1=8453&factory=0x420DD381b31aEf6683db6B902084cB0FFECe40Da
20% Wasabi Spicy Vault USDC On Chain https://app.wasabi.xyz/
20% Aave aUSDT On Chain Aave - Open Source Liquidity Protocol
20% Aave aUSDC On Chain Aave - Open Source Liquidity Protocol
20% Ondo USDY On Chain USDY | Ondo Finance
20% Pendle PT Strategies On Chain https://www.pendle.finance/
20% Fluid USDT On Chain Fluid
20% Sky USDS & sUSDS On Chain https://app.sky.money/?widget=savings&network=ethereum

Suggested Action

Approve the above maximum allowance rates as the official limits for USP reserve backing.

  • These caps define the governance-approved range of diversification.

Actual allocations will remain subject to separate DAO proposals for execution.