Summary

Following the Request for Proposals (RFP) process initiated on Jan 8th to identify qualified providers for GnosisDAO’s operational liquidity, endowment management, and governance-related treasury activities, this proposal facilitates the final selection of the service provider.

A total of 22 valid proposals were submitted by the deadline. This vote will determine which provider receive the mandate.

Background: The RFP Requirements

The DAO sought qualified treasury operators to manage on-chain and off-chain activities with a focus on reliability, transparency, and crypto-native execution.

The Core Mandate Includes:

1. Gnosis Chain Liquidity: Managing multi-currency liquidity (EURe, GBPe, etc.), DeFi markets, bridges, and solver incentives.
2. Endowment Management: Active management of ETH and stablecoin assets (yield, risk-adjusted alpha, rebalancing).
3. Governance & Operations: Participating in relevant governance (e.g., veBAL, Aura), monitoring proposals, and acting as a delegated committee for DAO-controlled entities.
4. Reporting: Live dashboards, monthly reports, and risk monitoring (24/7 alerts).

Constraints:

• Budget: Total annual cost ≤ $1.5M.
• Custody: Non-custodial preference (Assets remain with DAO-controlled entities).

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The Candidates

Below is the list of all valid proposals, categorized by scope.

⚠️ Voter Due Diligence: Voters are strongly encouraged to read the full forum discussions carefully, including early comments and Q&A. Important context regarding the NAV mandate, fee structures, and strategic approach was clarified throughout the discussion threads, and this context is essential for making an informed decision.

Click on "Proposal" to read the full submission, or "Update" to read their latest amendments.

🏛️ Full Scope Proposals

Teams offering to handle the complete mandate (Liquidity, Endowment, Governance, Ops).

• AlphaGrowth: Proposal
• Edge Capital: Proposal
• EXA + Gauntlet: Proposal | Update 1 | Update 2
• FIL Strategies: Proposal | Update
• Gami Capital + Stake DAO: Proposal
• GFX Labs: Proposal | Update
• Hyperithm: Proposal
• Impossible Finance (Sheeki): Proposal
• K3 Capital & Sumcap: Proposal | Update
• MAXYZ: Proposal
• MEV Capital + Lucidly: Proposal
• Noctua (Noca): Proposal
• Perseus & MainNet: Proposal
• Re7 Capital: Proposal
• rethink.finance: Proposal
• RockawayX: Proposal
• Tulipa Capital: Proposal | Update

🛠️ Partial & Specialized Scope

Teams offering specific services (Reporting, Gov, or Tech) that can complement a full manager.

• Avantgarde (Endowment + Gov only): Proposal
• Regen Financial (Independent Reporting only): Proposal
• SEEDLatam (Governance Support only): Proposal
• Superform (Automated Vaults only): Proposal
• yields.digital (Risk Intelligence & Reporting): Proposal

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📊 Comparative Analysis

To assist voters in navigating the 22 submissions, a Comparative Analysis Table is available on the forum.

Please treat this table as a supplementary aid rather than a definitive reference. We urge all voters to read the full details in each team's individual proposal to understand their specific nuances and strategy.

👉 View the Full Comparison Tables on the Forum

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Voting Process

This proposal utilizes Ranked Choice Voting.

1. Rank your choices: Select the candidates you support and order them by preference (1st Choice, 2nd Choice, etc.).
2. Counting: Initially, votes are counted for everyone's #1 choice. If a candidate receives >50% of the vote, they win immediately.
3. Runoff Rounds: If no candidate gets >50%, the candidate with the fewest votes is eliminated. Votes for that candidate are transferred to those voters' next preference. This process repeats until a winner emerges.

The winning provider will be authorized to initiate the legal onboarding process with the relevant DAO-controlled entities to formalize the mandate.

ℹ️ Note on the New System: This is the first time GnosisDAO is utilizing Ranked Choice Voting.

• Display: The Snapshot interface may initially display percentages based on first-choice votes only. The final winner is determined by the runoff process described above.
• Support: If you have questions about the interface or how the vote works, please ask in the Governance Forum or on the Gnosis Discord.