Yearly report
The DeFi Collective - First Year Financial Report(Oct2023 - Oct2024)
The Collective has been profitable and operating fully onchain since its inception: good for the Ants, as it streamlines the accounting process. While the Collective is a non-profit Swiss-based association, it has revenues and expenses, as a regular business would. Since the treasury is one of the main sources of impact it has to support the most resilient DeFi protocols, expenses are kept in check and revenues maximized, as much as possible while remaining mission-aligned, to generate a surplus (more on this below).
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