Creation of the mStable Funding subDAO - Motion

It is hereby motioned to put to a public vote the creation of a Funding subDAO committee within the wider mStableDAO signer group.

This is done to streamline the process and strike a solid balance between decentralization and tempo for ratifying regular expenses, along with funding of relevant entities, DAOs and core contributors to the mStable ecosystem.

The Funding subDAO committee will consist of 3 signers from the mStableDAO, and be a 2/3 multisig. A new Gnosis Safe will be deployed for this subDAO, and all funding requests from the ecosystem will be handled by this committee going forward.

Funding the subDAO will be handled in the monthly mStableDAO signer calls as required.

The current Cat Herder will provide a short summary of activities for the Funding subDAO in each signer call, so the wider mStableDAO signer group can stay up-to-date on the committee. The Cat Herder will also be responsible for assuring that all streams, balances, and upcoming payments will be handled in a timely and precise manner, and one signer from the subDAO will be chosen to liaise with the Cat Herder to handle transactions.

Should this motion to create a Funding subDAO committee be shared as a public proposal on the mStable snapshot page?