Steakhouse Financial is proud to vie for seat in the Premia Parliament. As an experienced crypto-native strategic finanical advisory for DAOs, Steakhouse is well-equipped to contribute to the growth and success of the Premia Ecosystem. Steakhouse’s Chefs have a breadth of experience in areas including finance advisory, strategic action planning, investment banking, analytics, accounting, legal research, and coding. Steakhouse works for the best of the best and is very selective of protocols it works with. Our clients today include MakerDAO, Lido, and ENS.
Some of Steakhouse’s accomplishments include:
- Contributed massively to MakerDAO’s recurring revenue growth of over 250% (and counting) in the midst of this bear market. Our chefs have:
- Negotiated the largest strategic partnership in DeFi history with Gemini and Paxos, worth over $50m in annualized protocol revenues.
- Helped pioneer real-world structures that have propelled MakerDAO to a leading position in Real World Assets (RWA) with over $650m in RWA investments allocated to date
- Designed and executed operations that have transacted hundreds of millions of dollars of real-world investments, ranging from direct exposure to US treasuries to tokenized loans through partners such as Centrifuge.
- Rolled out transparent financial reporting in many digestible forms for multiple DAOs
- Created and managed a DAO-wide budgeting process within three months of onboarding at Lido
- Created a token rewards plan for Lido contributors
- Designed a novel liquidity incentive mechanism for Lido to mitigate excessive spending
lyt, a Steakhouse Chef, is an on-chain analyst who uses data as much as possible to guide business decisions. While lyt will be taking the lead on this initiative, he will have the full support of Steakhouse Financial when needed.
On the topic of tokenomics, Steakhouse is a strong advocate for a token burn. We believe that any tokens that are not burnt are too likely to eventually be used and dilute tokenholders, even if not initially intended to do so. However, we understand that reserving some tokens for emergency scenarios is important to ensure the stability and longevity of the ecosystem. That is why we will push for a solution that reserves some tokens for emergencies, with clear guidelines on how and when these tokens can be used.
We believe that Steakhouse’s unique expertise and perspective will be a valuable asset to the Premia Parliament, and we look forward to working with other community members and Core members to drive the Premia Ecosystem towards a decentralized future.
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