Olympus-2024-06: Change in Managing Member Lineup

Unique Identifier for the Proposal: Olympus-2024-06

Proposal Summary This proposal seeks to revise the current list of "Managing Members" within the Mount Olympus DAO, removing @Moe_Linde and appointing @Quin11010 as a replacement. Managing Members are responsible for administrative and operational tasks, such as signing documents following DAO votes and managing essential DAO assets. These responsibilities ensure alignment with DAO-approved initiatives via Snapshot.com voting. Managing Members do not have unilateral authority to sign contracts or deals, maintaining adherence to the DAO’s collective governance structure. The role of DaoBOX LLC, the current Managing Entity, remains unaffected by this change.

Yes or No Question (Mandatory):
Do you approve the removal of @Moe_Linde and the appointment of @Quin11010 as a Managing Member of Mount Olympus DAO?

Context and Background Mount Olympus DAO established the Managing Members role to handle specific administrative and operational tasks that require careful oversight. Managing Members are tasked with ensuring that DAO actions are implemented efficiently and in compliance with approved governance measures. Currently, @Moe_Linde has stepped down as Managing Member due to personal reasons, leaving a vacancy in the position. To maintain operational efficiency, it is proposed that @Quin11010, a contributing member of the community, replace @Moe_Linde as a Managing Member.

Objectives and Goals

Primary Objective: Ensure that the Managing Members team remains functional and capable by filling the crucial vacancy.

Secondary Objectives: • Maintain the integrity of the Managing Members team to handle critical DAO operations. • Ensure compliance with governance standards and operational transparency.

Expected Outcomes and KPIs: • Successful removal of @Moe_Linde and appointment of @Quin11010 as verified by DAO vote. • Continued efficient and secure management of DAO assets and responsibilities. • Increased confidence in the Managing Members team’s ability to fulfill its role.

Ecosystem Impact Analysis

Positive Impact: • By onboarding the third Managing Member, the DAO will improve operational efficiency and ensure that all actions align with approved governance measures. • The addition of @Quin11010, an active member, strengthens the Managing Members team’s ability to execute responsibilities effectively.

Negative Impact and Risks: • No significant negative impacts are anticipated. Transition risks will be mitigated by providing clear onboarding processes and support for the new member.

Holder Impact Analysis: • Token holders can expect improved administrative oversight and more consistent implementation of DAO-approved initiatives, resulting in greater operational transparency and accountability.

Financial Implications • No immediate financial costs are associated with the proposal, as the appointed Managing Members will work within existing DAO resources. Any future expenses required for administration will be addressed through separate proposals, if necessary.

Technical Considerations

Overview of Technical Changes: • The Managing Members will manage administrator rights for the Snapshot.com voting platform, the DAO’s official X (Twitter) account, Google Workspace, and website access. No additional technical modifications are anticipated.

Security and Compliance Considerations: • All security measures, including KYC verification and account access protocols, will be maintained during the transition to ensure compliance with the DAO’s governance standards and legal framework.

Proposer(s) Proposed by:
 @Quin11010 @th2elephant