Governance Proposal #1: Elected Council creation.

We have been discussing about the creation of an Elected Council in enhance =DAO management. With this proposal, let's make it official and kickstart 2024 in growth mode.

Mission: Ensuring DAO’s growth, security and sustainability.

A) Growth:

We currently have 4 revenue streams:

• Voting Rewards
• LP(s) Rewards
• =Bulls 10% performance fee
• pEQUAL/ pSCALE fees

Having a clear strategy is important, and implement it with consistency is a duty. An Elected Council will take the lead to submit strategies to the whole DAO but, in case of inactivity, they will implement those strategies, obviously following the DAO's core statement mission.

B)Security:

While we all agree that a 3/5 multisig is a must, agility is a feature that we want to go for. I would opt for an 100% available 3/5 or a 2/4 if any members feel that they can’t be available for launching/ signing txns.

Currently working on an ELI5 folder with everything one’s have to know to perform DAO’s stuff so anyone in the multisig team is able to perform all the txns needed ( Contract Interaction, Transaction Builder or directly from the UI).

C) Sustainably:

Being consistent is a really important thing, especially in crypto space where reputation is often at risk on every pump/ dump/ hack that can eventually happen. Having a responsible team that we can rely on to answer everyone questions ( here or on the Equalizer discord) is something that can increase brand awareness and legitimacy.

Social media’s interactions are also part of that reasoning.

For all those reasons we would start with an Elected Council of 5 people. This Council can obviously grow in members number if there's more to do in order to have a steady and secure growth.

Any spot can be voted to step down if ineffective.

The starting team would be:

Steve AKA Cyber Pep Zethes AKA =Liquid Frogga Michael AKA =Emperor Nickius AKA =Grainpa 0xDiv3r AKA =Unholy

Creator’s treasury:

All the Elected Council participants would be rewarded by 20% of DAO’s weekly earnings, fostering reliability and consistency in the daily tasks.

Brainstorming and implementing new creative strategies is also part of the job. I fully believe that this team is skilled enough to detect any opportunity and turn it to a profit for the DAO.

Voting Modalities:

Voting Window: 72 hours after snapshot publication. Voting Approval: A simple majority will make this proposal effective.