In this episode of I Pledge Allegiance, host Derek Hsue chats about DeFi Treasuries with Hasu, MonetSupply, and Larry Sukernik. Treasuries are a hot topic in crypto right now; they represent huge, largely unused pools of capital that can be productively deployed. We explore helpful mental models for treasuries, what projects should and shouldn’t be spending money on, and how projects should be positioning their treasuries going forward.