BIP-89: Deploy 100 ETH into Giza Pulse Agent (Yield-Only)

Summary

RoyaltyDAO previously awarded BiblioDAO 100 ETH to help advance the Lootverse and the wider Loot ecosystem. While the DAO prepares and debates future proposals for how best to deploy this capital, this BIP proposes placing the full 100 ETH into the Giza Pulse agent (the same yield approach used by RoyaltyDAO) so the funds can earn yield in the meantime.

This is a yield-only proposal: no spending of principal (or earned yield) is authorized by this BIP. Any future use of funds will require a separate proposal.

Context

Loot has begun a Lootverse Microstrategy (active treasury management focused on accumulating core Lootverse assets). In parallel, BiblioDAO intends to bring forward future proposals designed to push forward the broader Loot ecosystem. Until those initiatives are proposed and approved, putting this awarded capital to work in a conservative yield strategy reduces opportunity cost and extends runway.

Proposal

• Deposit 100 ETH (the RoyaltyDAO award held by BiblioDAO) into the Giza Pulse agent.
• Maintain the position until the DAO decides otherwise via governance.
• Any withdrawals for spending (principal or yield) must be approved via a separate proposal.

Expected Yield (Model)

Yield/APR is variable. Using a 12.66% APR reference:

• 12.66 ETH/year

These are projections only; realized returns depend on live APR, incentive programs, and market conditions.

Risks

• Smart contract / protocol risk
• Strategy and market risk (APR can change)
• Liquidity/withdrawal timing risk depending on underlying venues

Execution (via Ecosystem Team Multisig)

• Bridge 100 ETH to Arbitrum (executed by the Ecosystem Team multisig).
• Create and fund the Giza Pulse agent with the full 100 ETH.
• Routinely (monthly) claim incentives (Giza and/or ARB, if applicable).
• Sell claimed Giza and ARB for USDC and hold until future proposals.

Scope

This BIP only authorizes placing the 100 ETH into yield while the DAO determines future deployment. It does not authorize grants, investments, or asset purchases.