Simple Summary

• Establish Legal Communications Working Group (LCWG) to oversee DAO legal matters

• Revoke STORM Partners' power of attorney and legal counsel status

• Reclaim remaining retainer balance to DAO treasury

Abstract

This proposal establishes a dedicated Legal Communications Working Group while simultaneously off-boarding STORM Partners as legal counsel. The working group will coordinate legal matters between the DAO and future counsel, ensure proper documentation and communication of legal affairs, and oversee the transition of legal responsibilities. The proposal also handles the administrative aspects of ending STORM Partners' engagement, per the terms established in 1IP-49.

Motivation

• DAO needs dedicated oversight of legal matters through community-led working group

• Current structure with STORM Partners can be improved through specialized working group

• Goal to more efficiently spend DAO funds

• Legal communications require consistent coordination and documentation

• Treasury funds from unused retainer should be recovered

• Clear transition process needed for legal representation

Specification

Legal Communications Working Group Structure

• Five initial members:

  • Kene -- Kene_StableLab

  • Jordan -- RoundElephant

  • Orest -- shishigumi

  • Kylyna -- kylynka

  • Vova – Prszhnk

Working Group Responsibilities

• Coordinate communications between DAO and legal counsel

• Review and distribute legal updates to community

• Maintain documentation of legal matters

• Schedule regular meetings with counsel

• Serve as primary point of contact for legal affairs

• Assess and recommend legal service providers

• Monitor legal expenses and retainers

STORM Partners Off-boarding

• Revoke power of attorney granted in 1IP-49

• End legal counsel relationship as established in the Considerations section of 1IP-49: "the Attorney-in-fact shall act solely in adherence to the resolutions passed by the community of the Principal, in accordance with its internal governance rules, through https://snapshot.org/#/1inch.eth"

• Request final accounting of services rendered

• Initiate return of remaining retainer balance to DAO treasury

Timeline

• Working group activation: Immediately upon proposal passage

• STORM Partners off-boarding: Within 14 days of passage

• Retainer return: Within 14 days of passage

Rationale

A dedicated working group provides several advantages over the current structure:

• Consistent communication channel between DAO and counsel

• Greater community oversight of legal matters

• Improved documentation and transparency

• Clear accountability structure

• Specialized focus on legal affairs

The selected members bring diverse expertise and have demonstrated commitment to the DAO's governance.

Considerations

Governance

• Working group reports directly to DAO

• Quarterly reports on activities and expenses

• Members can be removed/replaced via standard DAO voting

Financial

• No additional funding requested for working group at this time

• Recovery of STORM Partners retainer will return funds to treasury

• Future legal counsel engagement will require separate proposal

Team Qualifications

Working group members have extensive experience in:

• DAO governance

• Legal/regulatory matters

• Project management

• Community coordination