Request for Proposals: DAO Treasury Management

9Summits Treasury Management Proposal

  • Overview of our Team and Relevant DAO Experience

9summits is a curation company specializing in on-chain risk management and market-neutral strategies. Founded by Rémi, the company is currently curating over $85 million in various market-neutral strategies. One of the existing clients is Ethereum France which showcases strong performance, successful multi-year track record and auditable experience in DAO treasury management.

  • Description of Proposed Services

For Scroll DAO, 9summits proposes to design and implement a long-term treasury management strategy that begins with a comprehensive audit of current assets and a clear understanding on the DAO’s missions. This will be followed by the creation of an allocation plan that matches Scroll DAO’s targets. The approach will secure the DAO’s capacity to fund grants, operations, and ecosystem programs while minimizing the risk of downward sell pressure during market downturns. Throughout the engagement, we will provide continuous monitoring of the treasury’s health using on-chain analytics and real-time alerts, while ensuring that all major treasury decisions are presented and discussed with the community before execution.

  • Tooling or protocol integrations

Our work will leverage a combination of established and custom solutions. We will use Gnosis Safe with advanced treasury control modules such as Zodiac Pilot to securely manage the funds. Risk management will be supported by in-house automated alerting tools built specifically for this purpose, along with services from third-party provider Hexagate, ensuring a comprehensive two-tier monitoring approach.

  • Pricing

We propose a hybrid compensation model consisting of a fixed retainer for ongoing strategic management, reporting, and governance participation, combined with a performance-linked component aligned to Scroll DAO’s objectives of treasury growth and stability. Final terms will be defined after the initial treasury audit, ensuring the scope and cost are tailored to the DAO’s operational and budgetary requirements.

  • Risk Frameworks and Assumptions

Our risk framework will be specifically adapted to Scroll DAO’s goals and values. It will focus on long-term sustainability over short-term speculative gains, prioritize diversification across assets and protocols to mitigate systemic risk, and include pre-defined rebalancing triggers to respond quickly to market rallies or downturns. This adaptable structure will ensure that the treasury remains aligned with the DAO’s evolving priorities.

  • Reporting Cadence

We will maintain a predictable and transparent reporting schedule. Every month, a public report will outline the treasury’s composition, performance, and notable events

  • Disclosure of conflicts of interest

No conflicts

  • Case studies - Ethereum France

As Treasurer of Ethereum France, Rémi is responsible for the financial management of the association, which includes overseeing the bank account, processing payments to service providers and employees, and managing the association’s crypto treasury. The association has a crypto treasury ranging from 500k$ to 2m$ depending on the period of the year, a multi-asset management approach is required. For the crypto treasury, Rémi applies a highly conservative strategy that leverages the Ethereum ecosystem without aiming for maximum risk/reward. The objective is to use Ethereum-based tools and protocols prudently, minimizing risk while maintaining high availability. This conservative approach was specifically requested by Ethereum France, as the goal is not profit generation but the preservation and safeguarding of funds.