# PGP-46 l Renew Octav for DAO Treasury Tracking **URL:** \ **Category:** Governance Proposal (PGP)\ **Created:** [October 13, 2026, 5:26pm UTC](https://gov.parallel.best/t/pgp-46-l-renew-octav-for-dao-treasury-tracking/555 "2026-10-13T17:26:39Z")\ **Posts on this page:** 1\ **Page:** 1
**Author:** ![CooperLabs](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.parallel.best/cooperlabs/32/281_2.png) [@CooperLabs](https://gov.parallel.best/u/CooperLabs)\ **Post date:** [October 13, 2026, 5:26pm UTC](https://gov.parallel.best/t/pgp-46-l-renew-octav-for-dao-treasury-tracking/555/1 "2026-10-13T17:26:40Z")
**Summary:** This proposal aims to renew Octav’s tooling for treasury management, accounting, and transparency reporting. **Rationale:** Two years ago we [proposed](https://gov.parallel.best/t/pgp-22-l-onboard-octav-for-dao-treasury-tracking/430) to the Parallel DAO our reporting services for its treasury, and a year ago we [renewed](https://gov.parallel.best/t/pgp-36-l-renew-octav-for-dao-treasury-tracking/507) them for a second year. The service enhanced stakeholder awareness and transparency over Parallel Protocol’s treasury and financials by providing deep real-time [analytics](https://pro.octav.fi/parallelprotocol/treasury) of the DAO as well as [monthly reports](https://docs.parallel.best/governance/dao-treasury/dao-treasury-reports). Octav is a web3 financial data tool that helps turn raw transactions into useful analytics. Octav proposes to provide monthly treasury reconciliation and reporting services for Parallel Protocol, offering detailed transparency reports that include key performance indicators (KPIs), wallet positions, and protocol deposits. Octav will deliver 12 monthly treasury holdings breakdown reports for Parallel Protocol, each analyzing key metrics and fundamental treasury data. Octav will also take a daily snapshot of balances to chart the treasury value over time. The reports will cover: - Key Metrics Report: Total funds, wallet positions, protocol positions, total funds by category, and total funds by network. - Wallet Positions Report: Detailed breakdown of all tokens in treasury wallets, including balance, value, percentage, and network. - Protocol Positions Report: Detailed breakdown of protocol deposits, including staked amount, yield, protocol, balance, and value. - PDF and CSV: The treasury reports will be shared as both a PDF and CSV and can be imported to other dapps/treasury tracking software to enhance compliance. - Live Dashboard of Positions and Analytics: Octav will have an analytics dashboard users can view to see balances, positions, and change over time (balance tracking starting at time of prop passing). The proposed reporting service is designed to provide maximum transparency and accountability for the Parallel Protocol treasury. This solution was chosen over others due to Octav’s existing integration with Parallel Protocol wallets and our commitment to delivering comprehensive, user-friendly reports that facilitate community engagement and trust. Last Year Reports: [https://docs.parallel.best/governance/dao-treasury/dao-treasury-reports](https://docs.parallel.best/governance/dao-treasury/dao-treasury-reports) **Management:** - Transaction validation managed by Mimo Labs & Cooper Labs with help of Octav team - Octav will continue to collaborate with the Parallel Protocol contributors monthly to gather feedback and continuously improve the platform’s transparency features. **Pricing:** - The service is priced at $1,500 for a 1-year subscription (starting November 26th 2026, upon expiry of the current term), covering 3 treasury wallets, 12 monthly breakdown reports, and 365 daily balance snapshot reports, as per Octav invoice #0409. The payment will be made in USDC by the DAO to Parallel’s contributor entity Cooper Labs, which holds the Octav account and will settle invoice #0409 with Octav on the DAO’s behalf. No additional cost is requested compared to last year’s rate of $500 per treasury wallet. **Addresses Included:** - Parallel l Treasury l Ethereum: [0x25fc7ffa8f9da3582a36633d04804f0004706f9b](https://app.octav.fi/0x25fc7ffa8f9da3582a36633d04804f0004706f9b) - Parallel l Treasury l Polygon PoS: [0x2046c0416a558c40cb112e5ebb0ca764c3c5c32a](https://app.octav.fi/0x2046c0416a558c40cb112e5ebb0ca764c3c5c32a) - Parallel l Treasury l EVM: [0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95](https://pro.octav.fi/?addresses=0xc5201ffe258a95af986e7cd1fcad54f3f63f2c95) **Note:** One address has been removed compared to last year: the legacy HyperEVM Safe 0x5C1232b4F5fdb34d487C934ADF5d4e5c01fE34be, which is no longer used by the DAO for its treasury following the migration of the HyperEVM treasury to the address above. Its subscription will lapse on November 26th 2026, and HyperEVM balances will be tracked through 0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95. **Means:** - Human Resources: Multisigners will need to sign and execute transactions to execute the proposal. Support to validate transactions and keep accurate records for reporting. - Treasury Resources: $1,500 in USDC on Ethereum for the 12-month subscription. **Technical implementation:** - On Ethereum: **Voting options:** - For the Renewal of Octav - Against / Rework the Proposal - Abstain **Author(s):** Cooper Labs **Community poll:** _Poll ([view on site](https://gov.parallel.best/t/pgp-46-l-renew-octav-for-dao-treasury-tracking/555/1))_