Summary A proposal amending the existing governance structure for the Kwenta DAO.
Abstract KIP-2 established governance procedures for Kwenta to be followed subsequent to token launch. This KIP proposes to amend various aspects of KIP-2 with respect to this future governance.
Motivation Much of the governance framework for Kwenta was inherited from Synthetix. KIP-2 already envisioned the use of a President on the Elite Council to create a more focused strategic execution. The changes below further distinguish Kwenta governance as focused on strategic execution while operating as a DAO.
Specification For full details visit: https://kips.kwenta.io/kips/kip-24/