# MIP 004 - dHedge Treasury Solution **URL:** \ **Category:** Proposal Forum\ **Created:** [May 27, 2021, 12:43pm UTC](https://community.maple.finance/t/mip-004-dhedge-treasury-solution/51 "2021-05-27T12:43:24Z")\ **Posts on this page:** 4\ **Page:** 1
**Author:** ![CharlotteDodds](https://avatars.discourse-cdn.com/v4/letter/c/d2c977/32.png) [@CharlotteDodds](https://community.maple.finance/u/CharlotteDodds)\ **Post date:** [May 27, 2021, 12:43pm UTC](https://community.maple.finance/t/mip-004-dhedge-treasury-solution/51/1 "2021-05-27T12:43:24Z")
**Summary** Maple DAO to invest $100,000 from its Treasury in [dHEDGE dTOP Index](https://app.dhedge.org/dtop). **Background** [dHEDGE Top Index (dTOP)](https://app.dhedge.org/dtop) is DeFi’s first actively managed index. According to their recent [Medium post](https://medium.com/dhedge-org/5-major-daos-investing-in-dhedge-dtop-index-b2dd934733d4), dHEDGE is a unique tool for DAOs due to the following features: > **Transparency** - Pool managers’ past trading activity and track record is clearly visible > **Self Custody** - Investors keep custody and control over their positions in the pools, they can withdraw whenever they see fit and not have to abide by anyone’s schedule > **Competitive Performance** - Managers on dHEDGE are automatically analyzed across multiple metrics. Investors can allocate capital to pools on performance, risk, strategy and other categories > **Receive performance mining reward** - For participation in dHEDGE pools, investors can earn extra rewards in DHT tokens, currently around 15% APY > **Multi-sig capability** - DAO’s can manage dHEDGE investments using multi-sig through the dHEDGE app on [Gnosis Safe](https://gnosis-safe.io/) **Motivation** After a successful initial token distribution in April, the Maple DAO currently has funds available for investment in the Treasury. By committing $100,000 USDC to the dHEDGE dTOP Index, Maple would be able to earn interest on a portion of its Treasury and benefit from the features outlined above. This proposal is aligned with Maple’s mission of supporting the DeFi ecosystem & enables us to build partnerships with DAOs whose values align with our own. We see the potential for Maple to also be used as a treasury management solution for DAOs to deposit liquidity in future pools. **For Position** Maple DAO should invest $100,000 USDC of its Treasury into the dHEDGE dTOP Index. **Against Position** Maple DAO should NOT invest $100,000 USDC of its Treasury into the dHEDGE dTOP Index. Author: Katya Ternopolska Date Created: 05/27/2021 Discussion: [Maple](https://discord.gg/7AFZNMh4Er) Maple Improvement Proposal: MIP-004 ---
**Author:** ![CharlotteDodds](https://avatars.discourse-cdn.com/v4/letter/c/d2c977/32.png) [@CharlotteDodds](https://community.maple.finance/u/CharlotteDodds)\ **Post date:** [May 28, 2021, 10:29pm UTC](https://community.maple.finance/t/mip-004-dhedge-treasury-solution/51/2 "2021-05-28T22:29:06Z")
Requirement of 30 upvotes fulfilled- voting period opens 6:30pm ET on May 28, 2021 and will end 6:30pm ET on June 4, 2021. ![Screen Shot 2021-05-28 at 5.50.24 PM](https://canada1.discourse-cdn.com/flex036/uploads/maple/original/1X/36598eff61b8ab40b7a4fae68e1ae900da464793.png) ---
**Author:** ![CharlotteDodds](https://avatars.discourse-cdn.com/v4/letter/c/d2c977/32.png) [@CharlotteDodds](https://community.maple.finance/u/CharlotteDodds)\ **Post date:** [June 5, 2021, 1:42am UTC](https://community.maple.finance/t/mip-004-dhedge-treasury-solution/51/3 "2021-06-05T01:42:43Z")
![Screen Shot 2021-06-04 at 9.37.55 PM](https://canada1.discourse-cdn.com/flex036/uploads/maple/original/1X/e4f3b7a9745f3ac1386377e2ffc9a93567991d2a.png) ![Screen Shot 2021-06-04 at 9.38.13 PM](https://canada1.discourse-cdn.com/flex036/uploads/maple/original/1X/f4c5a4ebc4f012e958c9a077effb4aff675dce38.png) On close of the voting period on June 4: 41 registered Mapes 28 in favor (68.3%) 1 abstention (2.4%) 0 opposed (0%) 12 did not vote (29.3%) This fulfills the requirement of 20% Mape participation with over 70% of registered Mapes voting. The proposal passes & updates will be shared when implemented! 🥞🦍🎉 ---
**Author:** ![CharlotteDodds](https://avatars.discourse-cdn.com/v4/letter/c/d2c977/32.png) [@CharlotteDodds](https://community.maple.finance/u/CharlotteDodds)\ **Post date:** [June 22, 2021, 9:19am UTC](https://community.maple.finance/t/mip-004-dhedge-treasury-solution/51/4 "2021-06-22T09:19:06Z")
**Update** Proposal has been executed on June 22, 2021 $100,000 USDC from the Maple Treasury was transferred to sUSD and invested in the dHEDGE Top Index (dTOP). [Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0x5a2ad3eeb7491ebdce8ebecbf19184a13e210c229cf9053d13b63456e71c120c)