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mStablemStableby0xD43a25B442E2C343dAd472A871c5262cCA275Eb4dereksilva.eth

Consolidate all unallocated MTA to mStable DAO

Voting ended about 5 years agoSucceeded

Do you approve of all unallocated MTA currently custodied in the mStable genesis team's various addresses being consolidated into the mStable DAO?

As part of mStable's ongoing transition to DAO governance over the mStable protocol, the genesis team proposes that all unallocated MTA for public use purposes be consolidated in to the mStable DAO. Tokens would be consolidated in this address under control of the mStable DAO:

0xb8541E73Aa47a847fA39E803D19a3f9b1bbc5a6C

The rationale for this includes:

  • Decentralisation of the MTA treasury from genesis team custody to a broader group of stakeholders nominated to be signers on the DAO
  • Preparation for automation of EARN rewards and other roadmap items
  • Preparation for full on chain governance driven by Meta governors

A forum thread on this topic did not elicit any negative feedback.

Should all unallocated MTA currently custodied in the mStable genesis team's various addresses be consolidated into the mStable DAO?

Off-Chain Vote

1. Yes
369.63K 100%
2. No
0 0%
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Timeline

Jan 11, 2021Proposal created
Jan 11, 2021Proposal vote started
Jan 17, 2021Proposal vote ended
Apr 28, 2024Proposal updated