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[WIP #15] - Introduce Treasury Operators w/ Trade Teams

Voting ended over 3 years agoSucceeded

Scope: It is the goal of this proposal to lay out responsibilities for the Treasury Operator role, establish guidance for expectations of performance, ensure secure and effective deployment of treasury assets, and suggest additional positions that would help facilitate maintaining treasury allocation in line with Holder’s interests.

Link to WIP. https://www.wonderlandforum.xyz/t/wip-15-introduce-treasury-operators-w-trade-teams/18847

High Level Overview: Bring on two Treasury Operators to deploy assets when without an elected Treasury Manager ™ and assist in treasury operations when a TM is in place.

Suggest Trade Team positions with expertise in various positions for adding valuable insights and direction to treasury management strategies

Low Level Details: This proposal is designed to Introduce the role of Treasury Operators and provide suggestions for the introduction of Trade Team members.

The responsibilities for Treasury Operators are:

  • Altering the Treasury Portfolio to match the interests of holder’s in different market conditions, as defined in this document or other governance processes.
  • Signing Multisig Requests for asset deployment that have DAO approval or fall within the purview of Seed Investments and Internal Trading Schedules, as defined within this document.
  • Coordinate with available Trade Team members on a regular basis.
  • Settling reward and incentive payments according to their defined schedules.
  • Providing new Multisig Authority to elected TM during onboarding of that position.
  • Providing new Multisig Authority to elected or appointed Treasury Operators that are added or take over their position upon departure.
  • Submit new Multisig requests for asset deployment when no TM is in place.
  • When an elected TM is in place, approve Multisig requests for asset deployment and submit new Multisig requests to settle rewards and incentives according to their defined schedules.

Treasury Operators can foster communication, coordinate with managing members of the protocol, and guide cooperation in developing and monitoring trading strategies with the Trade Team. They can help keep the multisig running smoothly and maintain reward payments when an elected TM is in place.

The individuals elected as Treasury Operators are incentivized to, but should not be held responsible for, developing market research or trade analysis regarding the deployment of treasury assets.

For the full proposal: https://wl-l.ink/forum/WIP/15-Treasury-Operators

Off-Chain Vote

Yes, implement proposed changes
25K TIME100%
No, make no change
0 TIME0%
Quorum:500%
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Timeline

Jul 15, 2022Proposal created
Jul 15, 2022Proposal vote started
Jul 22, 2022Proposal vote ended
Oct 26, 2023Proposal updated