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Kwenta Kwenta by0x0c4EA5F0219fbC4Decf9536463524953Cd75F0cB0x0c4E…F0cB

KIP-90 :Amend protocolDAO

Voting ended over 2 years agoSucceeded

Simple Summary

Change pDAO (protocolDAO) from 3/4 -> 3/5.

Abstract

Amend pDAO to support 3/5 signers and add an additional CC signer.

Motivation

Currently, the pDAO is 3/4, where one of the 3rd signers must be a multisig, adminDAO or Elite Council. This doesn't solve the original issue of the adminDAO maintaining less responsibility over the contracts (as the adminDAO is typically the last signer, and 2/3 members of the adminDAO still need to verify each upgrade).

We propose adding an additional technical CC to the pDAO. Having a 3/5 requirement with three technical CCs alleviates the responsibilities of the adminDAO and EC while also balancing control of the protocol.

Specification

For more information, visit the: Kwenta State Log

Off-Chain Vote

Pass
4 EC-NFT100%
Reject
0 EC-NFT0%
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Timeline

Jul 13, 2023Proposal created
Jul 13, 2023Proposal vote started
Jul 27, 2023Proposal vote ended
Oct 26, 2023Proposal updated