# \[TEMP CHECK\] Aave Treasury Proposal for RWA Allocation

**URL:** <https://governance.aave.com/t/temp-check-aave-treasury-proposal-for-rwa-allocation/14381>\
**Category:** General\
**Created:** [August 8, 2023, 7:28pm UTC](https://governance.aave.com/t/temp-check-aave-treasury-proposal-for-rwa-allocation/14381 "2023-08-08T19:28:39Z")\
**Posts on this page:** 1\
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**Author:** ![fig](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/fig/32/7063_2.png) [@fig](https://governance.aave.com/u/fig)\
**Post date:** [August 8, 2023, 8:49pm UTC](https://governance.aave.com/t/temp-check-aave-treasury-proposal-for-rwa-allocation/14381/2 "2023-08-08T20:49:07Z")

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Great to see this sort of discussion – it seems to offer a bright future for Aave’s treasury.

IMO, it promises three core things:

- _diversity_, into new asset classes
- _liquidity,_ focusing on debt funds
- _returns,_ targeting 500bps

As mentioned in previous comments, RWAs are a way to introduce more resiliency into treasury management and grow Aave’s focus beyond crypto-native assets:

> [@\[ARFC\] Acquire CRV with treasury USDT](https://governance.aave.com/t/arfc-acquire-crv-with-treasury-usdt/14251/23):
>
> My personal opinion is to optimize for longevity and create treasury diversity beyond digital assets. RWA exposure, debt, etc – I’m excited for proposals and teams who are starting to think about this.
> 
> Stablecoins are a great opportunity to do that – and would rather see them used this way.

This is low(er) risk and seems to improve Aave’s capital efficiency; it shows agility.

I’m supportive of a limited investment of $1mm of Aave’s stablecoin treasury, leading the infrastructure for Aave to ramp up RWA exposure and build familiarity with new, professional managers.

While the largest cost of this proposal is the stkAave incentives and legal set-up, if there is strong community interest it may be worth scaling it to 2-3mm to more quickly pay back this investment.

_Disclaimer: This is my personal view … I am not a CFA, etc._

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_[View the full topic](https://governance.aave.com/t/temp-check-aave-treasury-proposal-for-rwa-allocation/14381)._