71%
average score over 1 application evaluations
GHOFund enhances DAO treasury management with on-demand treasury contracts, streaming payments, real-time financial insights, and automated workflows, ensuring secure, efficient operations and transparent governance.
👻 GHOFund is a comprehensive Treasury Management for DAOs. It's a powerful platform that brings insights and effective management to DAO treasuries!
👋 First built at ETH Global LFGHO Hackathon: Introducing GHOFund
✅ Features:
- On-demand Treasury Contract Creation: Easily create and manage your DAO's treasury contracts with a few clicks, ensuring secure and transparent financial operations.
- Streaming Payments: GHOFund empowers DAOs to craft treasury contracts with streaming capabilities. GHO is paid out through these streaming contracts, providing financial stability for members.
- Comprehensive Insights: Gain a comprehensive overview of your DAO's finances with real-time data, direct DeFi integration, and intuitive dashboards.
- Automated Workflows: Streamline your DAO's financial operations with automated workflows, reducing manual tasks and improving efficiency.
- Governance Insights: Maintain secure and transparent governance over your DAO's treasury, ensuring accountability and trust among your members.
How to Use the GHOFund App:
1. Create a New Treasury Contract
- Create a treasury contract with a single click: GHOFund automatically deploys the new treasury contract onto the Ethereum network. 2. Manage Your Treasury
- Access your dashboard to view and manage your treasury: See a comprehensive overview including Health Factor, Loan-to-Value ratios, collateral, GHO balance, and more.
- Borrow GHO directly from the dashboard: Use GHO for stable income for contributors and day-to-day operations. 3. Stream Payments to Contributors
- Set up streaming for contributors: Streaming functionality continuously transfers GHO to your DAO's contributors, giving them a stable income.
- Easy Onboarding: Add builders to the stream: You can add builders to the stream by simply clicking on the "Add builder" menu item. You can enter their Ethereum Name Service (ENS) domain or Ethereum address directly.
How does it work?
DAO Treasury
- The DAO Treasury holds various assets such as ETH, AAVE, DAI, and OP. These assets can be used as collateral in the AAVE protocol.
Aave Integration
- The DAO provides collateral to AAVE. By using this collateral, the DAO can borrow GHO.
Streaming Contract:
- A team leader can create a streaming contract, for a certain project. The streaming contract can include multiple builders (contributors) who will receive payments in GHO.
GHO Payments:
- The borrowed GHO is used to fund the streaming contract. Builders can withdraw from the streaming contract, ensuring a steady income.
GHOFund History
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applied to the Random Round 5 months ago of which the application is still in a pending state
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