Treasury Update - April 2023

Treasury Update - April 2023

TREASURY UPDATE - APRIL 2023

“Two plus two is four. Minus one that’s three quick maths”

Wow. Is that so?

Welcome my dear readers to another beautiful Dopex Treasury Report for the month of April!

TREASURY WALLETS

This report is based on Dopex’s protocol-owned wallets which can be found at the following addresses:

● 0x04e38cdc3559fe6d91291cf4084d16340e4b585f

● 0x7d6fadb02e70bfb6325cfd6ec5605e552115aa76

● 0xb8689b7910954bf73431f63482d7dd155537ea7e

● 0x2fa6f21ecfe274f594f470c376f5bdd061e08a37

● 0x738ee36d7b860cefff526553e28a2b8928de4483

● 0x0a95222b5ed8690a0279993e63903687536ccecd

These have been masterfully compiled in this Zapper profile here for your ease of perusal.

As per usual, some funds have been added or omitted from the protocol balances for the following reasons:

Added

MM funds (total ~$726,962)

We have funds deployed to external MMs amounting to 1,382 $DPX, 56 $ETH and 345,583 $USDT.

Incredible.

LP Positions unlisted on Zapper

Our beloved Atlantic Straddles, Atlantic Perps, Option Scalps and 0dte (oh?) products are not yet integrated into Zapper but are a source of yield for our cheeky little treasury.

Atlantic Straddles

345,353 $USDC is deployed to Atlantic Straddles across $ETH, $DPX, and $rDPX to facilitate bidirectional volatility trading (little difficult to find the transactions but trust me bro).

Atlantic Perp Protection

200,000 $USDC is deployed to Atlantic Perp Protection to allow users that are brave enough to leverage trade but too pussy to get liquidated to do the needful.

Option Scalps

75,000 $USDC and 60,250 $ARB (total ~$156,940) is deployed to Option Scalps to earn some risk-minimized yield

0dtes

50,000 $USDC and 26.3 $ETH (total ~$100,048) is deployed to 0dte in anticipation for our upcoming release honk honk

Source: Chain has been checked

Removed

Dust Amounts

Various dust amounts from our vlCVX rewards have been omitted since we have plenty of money and this is what we call “immaterial”.

ACCOUNT BALANCES

See attached for account balance as at 30 April 2023 (Australia time of course).

image

It’s true. It’s all true. The CEO is now a budding accountant!

For a nice little pie chart of breakdown per asset, please see below:

image

Thanks for the airdrop, Arbichums!

MONTH-ON-MONTH (MOM) PERFORMANCE

3.71% drawdown in $USD terms for the Dopex Treasury?

Mommy (preferably Nawwa’s wife haha) please hold me!

This would not have happened if we had simply converted our assets into the one true store of value - Gen 1 Nu Diamond Pepes.

No matter troops, we shall refocus for next month!

CLOSING COMMENTS

Another top tier Treasury Report for Dopex Pty Ltd. Our strategy for May remains daytrading the treasury until we make it all back.

Let’s pump those numbers up!

Until next time, my budding accountants.

Warm regards,

CFO (not to be confused with CEO)

image

"Hey @chutoro_au, if you're not gay respond in the next 3 hours. gl."

About Dopex

Dopex is a decentralized options protocol that aims to maximize liquidity, minimize losses for option writers and maximize gains for option buyers — all in a passive manner. Dopex uses option pools to allow anyone to earn a yield passively. Offering value to both option sellers and buyers by ensuring fair and optimized option prices across all strike prices and expiries. This is thanks to our own innovative and state-of-the-art option pricing model that replicates volatility smiles.

📱Stay Connected

Follow our official social media accounts and visit our website to stay up to date with everything Dopex.

🚨IMPORTANT

Be careful of fake Telegram groups, Discord servers and Twitter accounts trying to impersonate Dopex.

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