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[WIP #14] DAO Direct Governance over Specific Treasury Actions and Strategy

Voting ended over 3 years agoSucceeded

Scope: This WIP seeks to empower the DAO to vote on such specific matters and better define control over the Treasury Manager for specific actions.

Link to previous discussions: https://www.wonderlandforum.xyz/t/rfc-dao-governance-over-treasury-actions-and-strategy/18541

https://www.wonderlandforum.xyz/t/dao-discussion-defining-stronger-dao-control-measures-on-treasury-management/18372

Objective: The objective of this proposal is to approve DAO control actions for:

  1. Explicit DAO Approval for allocation of tokens into long term defined lock ups (over 1 week for example) such as CVX.

  2. Explicit DAO Approval for economically impactful or impactful voting from the DAO’s holding tokens in other protocols. For example, this can be CVX for bribes or in the future voting on a DAO action that might have considerable effect on the other protocol.

  3. DAO Community can propose via the WIP process to instruct the TM to liquidate positions as needed.

Overview / Details: In principle, the DAO should vote on items where this is: Impactful actions such as voting with tokens/coins held by treasury, or allocations of capital that materially change the liquidity of such allocation (such at staking Convex in a vault.

Off-Chain Vote

Yes, approve these DAO Controls
23.34K TIME94.2%
No, make no changes
1.45K TIME5.8%
Quorum:496%
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Timeline

Jul 13, 2022Proposal created
Jul 13, 2022Proposal vote started
Jul 20, 2022Proposal vote ended
Oct 26, 2023Proposal updated