Project Two Sixty
Project 260: Securely manage your assets with Zodiac & Safe - the trustless, permission-based, self-custody solution for scaling web3 asset management.
About
**Problem** DAOs can benefit significantly from active asset management with the self-custody of their treasury assets. With self-custody: DAOs can ensure the safety and security of their funds and, Gain Transparency and accountability of their asset managers. In short, active asset management with self-custody is essential for the success and sustainability of DAOs in the decentralized finance space. Additionally: - There needs to be a dashboard for asset managers to deploy and manage strategies on Gnosis Safe as a delegate and DAOs to have transparency on the transactions executed by their asset manager. - Another significant problem is the need to prevent the misuse of funds by asset managers, which can lead to substantial financial losses and damage to the reputation of the DAO. **To address these challenges, we are introducing "Project 260", a dApp that runs within Gnosis Safe App that:** - Provides a seamless user experience for an asset manager to propose an active treasury management strategy with transparent roles and permissions - For DAOs to review strategies proposed by an asset manager and delegate asset management to third-party providers by defining transparent roles and permissions. - With Project 260, DAOs can get a clear view of all the strategies deployed on their treasury in a single dashboard with built-in transaction decoding. - Project 260 enables seamless revoke access to any delegate in case of malicious (suspicious) activity. - Our workflows comprise: allow strategy proposal, proposal approval on-chain, strategy execution, and execution logs. **In summary, we are introducing a solution for DAOs and asset managers to scale active asset management with self-custody and role-based access on top of Gnosis Safe. Project 260 is the first-of-its-kind solution in the market and will significantly benefit the DAO community by enabling them to manage and grow their assets effectively and securely.**
How it's made
**Some challenges of working with Zodiac modules and Gnosis Safe contracts were:** - The potential for conflicts between the Zodiac modules and Gnosis Safe contracts could lead to unexpected behavior or errors in the system. - The lack of documentation and support for the Zodiac modules made it difficult for us to understand and implement them properly. - The complexity of the Gnosis Zodiac ecosystem of contracts and workflows. **The challenges were overcome through persistence, frequent failures, quick iterations, and developing a thorough understanding of the underlying contract.**