Author(s): EAsports, TheRealTuna, Underethsea, MyDefi, Neondaemon Status: Proposed
Related Information: Full Renewal Proposal
Summary: The AUVC was formed to utilize the UMA held by the DAO treasury to actively participate in UMA governance, safeguard the Optimistic Oracle (OO), and generate $UMA rewards for the Across DAO.
Participating in 1,895 votes with 99.36% correctness and rising, we have successfully raised 858,000 UMA for the DAO Treasury in the course of 15 months. No missed votes, working every single day to do the best job we can for the DAO.
We would like to renew for 4 months which is approximately how long 20,000 UMA lasts when paying out 6% commission to the voting committee.
Motivation: The AUVC has delivered for the DAO for 15 straight months with only 12 incorrect votes during that time frame. Our current funding will run out by March 10th and we prefer to receive the next round of funding as our new term begin. No Changes to the current structure of the committee. There will be no secondary proposal for UMA spending from the earned funds at this time, as per the request of Risk Labs.
Voting A “FOR” Vote
Authorizes the claim of UMA rewards. Authorizes the Transfer of 20,000 UMA to our Payroll Wallet(0x1AB83bc391B0bDbc34Ab69D02Bf34f4B643C64F4), ideally by March 10th at the latest. Authorizes the remaining balance of UMA to be staked. An "Against" vote Opposes the renewal of the Across DAO and authorizes the Multi-sig signers for the Across DAO treasury(0xb524735356985d2f267fa010d681f061dff03715) to remove the delegation and unstake all UMA from the UMA voter Dapp. No Further UMA would be earned by the Across Treasury.