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Dear Bankless Nation,
2021 saw more than a few NFT projects start becoming cultural institutions. These breakouts have led to these projects amassing considerable ETH treasuries — and treasury management responsibilities — in short order.
For example, I recently wrote about how Nouns DAO staked 1.5k ETH in Lido. These sorts of treasury management matters are going to become more common and more important as NFT projects continue to trend into socio-economic forces to be reckoned with.
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