DAOrayaki Reserach |Parcel: Simplifying Crypto Treasury Management for DAOs

DAOrayaki

4 min readJul 7, 2021

DAOrayaki DAO Research Grant：

Fund Address: 0xCd7da526f5C943126fa9E6f63b7774fA89E88d71

Voting Result：DAO Committee Yes

Grant Amount：200 USDC

Category: Parcel, Crypto Payroll, Batched Transactions, Swaps, Compound, Aave, Treasury management

Contributor：Jones, 黑白BQ, DAOctor @Daorayaki

Chinese Version:https://daorayaki.org/parcel-jian-hua-daode-jia-mi-huo-bi-zi-jin-guan-li/

Launch time and first appearance: Parcel was developed at Hack Money Hackathon 2020, where the first iteration was focused on sending tokens or ether to multiple addresses in one transaction. For now, only the waitlist for early access is available for users which are interested in Parcel.

Brief Overview About Parcel

Parcel is simplifying crypto payroll and treasury management with built-in data privacy on top of Gnosis Safe, IPFS and Filecoin. Thus, the ultimate goal of Parcel is to bring a fundamental change in crypto payroll.

I. Parcel Core features:

Parcel is a service which allows users to deliver multiple transactions in one click. In other words, Parcel allows users to send ether or tokens to multiple addresses in one single transaction.

1. How it works?

It uses batched transactions for multiple calls so there is a full loop running over a hash by calling different contracts, it uses Uniswap V2 intergration for swapping between crypto-currency specifically DAI-ETH.

2. Collaborative — multisig transactions

Frictionless collaboration in decision making with commenting and notifications for each transaction.

3. 1-click Mass payouts — with built-in token swaps

Running your payroll or paying to a group made easy with one click.

4. Manage Teams & People — with end-to-end data encryption

Users data is private and secured in a trust less, verifiable and tamper proof system.

5. Yield Optimisation — with strategies

Users can earn interest on their treasury with strategies that fit their needs.

6. Integrated Accounting — for error free reporting

Users can easily export and sync transaction history with industry standard accounting tools.

In addition to these features, Parcel is planning to go further with various utilities for users to better manage the community treasury such as:

- Spending Limits.

- Social key Recovery.

- Insurance.

- Delegated Credit Line.

II.Team members:

Parcel is a fresh project founded by Anubhav Girdhar — Anubhav worked as a Blockchain Developer at Biconomy in 2020 and as a Back End Developer for InstaDapp in 2019. He received his Master degree in business Administration from North-Eastern Hill University. Anubhav is known as @0xDaichi on twitter platform.

- Twitter Account: https://twitter.com/0xDaichi

III. Contract:

Parcel relies on smart contracts to accomplish its various task same as any other service or DAO and for that readers can find the contracts of Parcel under the following github repository: https://github.com/ParcelHQ/parcel-contracts

IV. Contact Information:

- Official website: https://parcel.money/

- Twitter: https://twitter.com/parcelhq

- Github: https://github.com/parcelhq

- Discord: https://discord.gg/PwRqvEZm

Welcome to submit your DAO research and send it to this email address:daorayaki@dorafactory.org ,Share the 10,000 USD grant pool!

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