# Safe DAO \<\> Gnosis DAO Joint Treasury Monthly Reporting

**URL:** <https://forum.safefoundation.org/t/safe-dao-gnosis-dao-joint-treasury-monthly-reporting/5246>\
**Category:** General Discussion\
**Created:** [May 14, 2024, 10:56am UTC](https://forum.safefoundation.org/t/safe-dao-gnosis-dao-joint-treasury-monthly-reporting/5246 "2024-05-14T10:56:54Z")\
**Posts on this page:** 10\
**Page:** 1

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**Author:** ![kpk](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.safefoundation.org/kpk/32/4815_2.png) [@kpk](https://forum.safefoundation.org/u/kpk)\
**Post date:** [May 14, 2024, 10:56am UTC](https://forum.safefoundation.org/t/safe-dao-gnosis-dao-joint-treasury-monthly-reporting/5246/1 "2024-05-14T10:56:54Z")

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## Summary

Following the passing of [[SEP 24] ](https://forum.safefoundation.org/t/sep-24-karpatkey-safe-dao-treasury-management-core-unit/4893), karpatkey began the active management of the Safe DAO \<\> Gnosis DAO Joint Treasury (JT).

Since this time, karpatkey has assisted with the initial Token Tranferrability Event (TTE) and has begun including the Safe DAO \<\> Gnosis DAO Joint treasury in our public [reports](https://reports.karpatkey.com).

### Recap of Token Transferability Event

A summary of the actions taken in the days since the SAFE Token Transferrability Event (TTE) and the initiation of the Joint Treasury can be found in this [Safe DAO \<\> Gnosis DAO JT Initial Report](https://docs.google.com/document/d/1CejWmR1YfVLqhQ4srzOVAXI9yGp1g9oDDncl_LZhAew/edit?usp=sharing).

## Monthly Treasury Reports

In accordance with this core unit’s requirements, we will provide links to the updated report monthly on this thread beginning May 2024.

The reports will include:

- links to the JT multisigs;
- total token balances;
- positions and DeFi strategies;
- treasury utilization; and,
- yield statistics.

**Note:** Reports will be continually available on the [reports section](https://reports.karpatkey.com/) of our website.

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<div class="post-metadata">

**Author:** ![kpk](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.safefoundation.org/kpk/32/4815_2.png) [@kpk](https://forum.safefoundation.org/u/kpk)\
**Post date:** [May 14, 2024, 10:58am UTC](https://forum.safefoundation.org/t/safe-dao-gnosis-dao-joint-treasury-monthly-reporting/5246/2 "2024-05-14T10:58:19Z")

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The April 2024 [JT report](https://reports.karpatkey.com/?dao=10&month=4&year=2024&currency=USD) is live and can be accessed on karpatkey’s website.

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<div class="post-metadata">

**Author:** ![kpk](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.safefoundation.org/kpk/32/4815_2.png) [@kpk](https://forum.safefoundation.org/u/kpk)\
**Post date:** [June 17, 2024, 7:03am UTC](https://forum.safefoundation.org/t/safe-dao-gnosis-dao-joint-treasury-monthly-reporting/5246/3 "2024-06-17T07:03:09Z")

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The May 2024 [JT report](https://reports.karpatkey.com/?dao=10&month=5&year=2024&currency=USD) is live and can be accessed on karpatkey’s website.

To see fees charged for the past month - [Etherscan](https://etherscan.io/tx/0xd854737a9a42d4d12d308f847b9d95c9c19d0043bddb9466bbceed8859aabf43)

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<div class="post-metadata">

**Author:** ![kpk](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.safefoundation.org/kpk/32/4815_2.png) [@kpk](https://forum.safefoundation.org/u/kpk)\
**Post date:** [July 24, 2024, 4:51am UTC](https://forum.safefoundation.org/t/safe-dao-gnosis-dao-joint-treasury-monthly-reporting/5246/4 "2024-07-24T04:51:55Z")

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The June 2024 [JT report](https://reports.karpatkey.com/?dao=10&month=6&year=2024&currency=USD) is live and can be accessed on karpatkey’s website.

To see fees charged for the past month - [Etherscan](https://etherscan.io/tx/0x35bd5ecada71a1c69cf7b6379cae3f1ffa150416b6b484ba09de8dabe3b49ef9)

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<div class="post-metadata">

**Author:** ![kpk](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.safefoundation.org/kpk/32/4815_2.png) [@kpk](https://forum.safefoundation.org/u/kpk)\
**Post date:** [July 31, 2024, 5:20pm UTC](https://forum.safefoundation.org/t/safe-dao-gnosis-dao-joint-treasury-monthly-reporting/5246/5 "2024-07-31T17:20:12Z")

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The July 2024 [JT report](https://reports.karpatkey.com/?dao=10&month=7&year=2024&currency=USD) is live and can be accessed on karpatkey’s website.

To see fees charged for the past month - [Etherscan](https://etherscan.io/tx/0xe026f718e4213757b7c66066e1e9cc4e67c7628393e5f6630c7a0df281d8a195)

We are aware of an arbitrage opportunity in block [20425297](https://etherscan.io/block/20425297) that occurred in the SAFE/ETH Uni V3 0.3% pool. This happened while depositing ETH & SAFE liquidity into the pool where the price was out of sync with the broader market price of the SAFE token.  
As the SAFE price moved outside the initially set range for liquidity we were providing on-chain, we initiated a small buyback and the provisioning of additional liquidity to the Uni V3 pool. Our decision to bundle the execution of both actions resulted in an on-chain arbitrage opportunity that another market participant acted on.

As a reminder, these actions are part of karpatkey’s mandate of maintaining healthy on-chain liquidity for the SAFE token and acting in the best interest of the JT, at all times - including in times of market stress when swift execution is required.

A [refund](https://etherscan.io/tx/0x878e2827ff93f4326762c4344fe92e6fb15f1e295ad8dccbc00682267614e7b6) equal to the arbitraged amount was conducted from the karpatkey treasury.

We sincerely value the confidence and trust that has been entrusted to us and continue to work tirelessly towards maintaining healthy on-chain liquidity for the SAFE token.

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<div class="post-metadata">

**Author:** ![kpk](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.safefoundation.org/kpk/32/4815_2.png) [@kpk](https://forum.safefoundation.org/u/kpk)\
**Post date:** [September 13, 2024, 8:15am UTC](https://forum.safefoundation.org/t/safe-dao-gnosis-dao-joint-treasury-monthly-reporting/5246/6 "2024-09-13T08:15:16Z")

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The August 2024 [JT report](https://reports.karpatkey.com/?dao=10&month=8&year=2024&currency=USD)is live and can be accessed on karpatkey’s website.

To see fees charged for the past month - [Etherscan](https://etherscan.io/tx/0x0e15236eaf5a45317abf22be135844f579ccb355ce12b296e17152f2513f0606)

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<div class="post-metadata">

**Author:** ![kpk](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.safefoundation.org/kpk/32/4815_2.png) [@kpk](https://forum.safefoundation.org/u/kpk)\
**Post date:** [October 15, 2024, 6:06am UTC](https://forum.safefoundation.org/t/safe-dao-gnosis-dao-joint-treasury-monthly-reporting/5246/7 "2024-10-15T06:06:54Z")

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The September 2024 [JT report](https://reports.karpatkey.com/safe-gnosis?month=9&year=2024&currency=USD)is live and can be accessed on karpatkey’s website.

To see fees charged for the past month - [Etherscan](https://etherscan.io/tx/0x1de33d81f70bdc06dd9550879e349e147002a0ddde1cc95606ae324705b94e22)

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<div class="post-metadata">

**Author:** ![Elizabeth](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.safefoundation.org/elizabeth/32/3921_2.png) [@Elizabeth](https://forum.safefoundation.org/u/Elizabeth)\
**Post date:** [October 16, 2024, 12:45am UTC](https://forum.safefoundation.org/t/safe-dao-gnosis-dao-joint-treasury-monthly-reporting/5246/8 "2024-10-16T00:45:46Z")

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Is there any interpretation and analysis of the report?

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<div class="post-metadata">

**Author:** ![kpk](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.safefoundation.org/kpk/32/4815_2.png) [@kpk](https://forum.safefoundation.org/u/kpk)\
**Post date:** [December 20, 2024, 7:48am UTC](https://forum.safefoundation.org/t/safe-dao-gnosis-dao-joint-treasury-monthly-reporting/5246/9 "2024-12-20T07:48:41Z")

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The October 2024 [JT report](https://reports.karpatkey.com/safe-gnosis?month=10&year=2024&currency=USD)is live and can be accessed on karpatkey’s website.

To see fees charged for the past month - [Etherscan](https://etherscan.io/tx/0x699e72a176eaf04d088652f7585fb6c1bfc26df747472650e01e300cb527eb07)

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<div class="post-metadata">

**Author:** ![kpk](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.safefoundation.org/kpk/32/4815_2.png) [@kpk](https://forum.safefoundation.org/u/kpk)\
**Post date:** [December 20, 2024, 7:49am UTC](https://forum.safefoundation.org/t/safe-dao-gnosis-dao-joint-treasury-monthly-reporting/5246/10 "2024-12-20T07:49:18Z")

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The November 2024 [JT report](https://reports.karpatkey.com/safe-gnosis?month=11&year=2024&currency=USD)is live and can be accessed on karpatkey’s website.

To see fees charged for the past month - [Etherscan](https://etherscan.io/tx/0xb43a8edccbf95da8e59a2878a62a7b7cb887a4caec29f5bdf25c469cf2643ea5)
