TDP 41: Discretionary Management of Funds in the AM subDAO
It is proposed to grant the Asset Management subDAO signer group the ability to manage assets up to 1,000,000 mUSD worth in value located in the multisig in order to be able to act more swiftly on market opportunities when they present themselves.
A monthly Asset Management report will subsequently be provided in the official forum to keep track of transactions throughout the year, as well as serve as a whitelist for protocols the group is allowed to utilize.
This is done to overall reduce the burden put on Meta Governors to ratify every single new action involving (often previously approved) fund movements performed by the subDAO in the future.
Links
- RFC: Discretionary Management of pre-approved Funds in the AM subDAO
- Proposal: TDP 41: Discretionary Management of Funds in the AM subDAO
- Discussion: TDP 41: Discretionary Management of Funds in the AM subDAO
Should the Asset Management subDAO be granted the right to discretionary manage the funds of this portion of the treasury as outlined in TDP 41?
Off-Chain Vote
For
5.51M vMTA100%
Against
0 vMTA0%
Timeline
Apr 25, 2022Proposal created
Apr 25, 2022Proposal vote started
Apr 29, 2022Proposal vote ended
Oct 26, 2023Proposal updated