Forefront Treasury
This dashboard investigates how Forefront's treasury holdings and payments has changed over time.
Introduction
Forefront ended its first season towards the end of October 2021 and started the new season in late February 2022. In the offseason period, the community reflected on its structure and ideas. For new season Forefront introduced new approach on conceptions of decentralization, autonomy, and hierarchy.
This dashboard investigates how this new approach has been reflected in Forefront's treasury holdings and payments over time.
Conclusion
The data shows that the structure of holdings has changed as Forefront has transitioned to "Season 2". We can see that towards the end of season 1 USDC has been added to treasury. In the beginning of Season 2 we can see also that ETH has been added to the treasury as well.
I think the growth of holding other tokens than FF is adaption to new structure that is based on autonomy of contributors and fast onboarding.
By diversification of portfolio, Forefront will be able to offer more autonomy to contributors. Contributors do not have to receive and hold FF.
Also onboarding will be easier through popular assets ETH and USDC. Stability of USDC also is instrumental in making payments by a lower risk.
The graph below shows that the dominance of FF in Forefront's treasure is declining.
The graph below shows the proportion of USDC payments to all payments.
As can be seen since February 1st the majority of payments have been made by USDC.