Summary
This PIP seeks to transfer the POP treasury on Aragon to a multisig controlled by Core team members for the time being as we continue to decentralize Popcorn and its smart contracts. This is a solution that will prevent token holders from allocating treasury funds to themselves for monetary benefit via an autonomous vote until the protocol sufficiently decentralizes and can run autonomously.
Motivation
To remove the ability of token holders to submit proposals to transfer tokens to themselves from the PopcornDAO treasury and ensure the entire POP treasury can be utilized in the future.
Action steps:
Desired outcomes:
-Prevent potential of token holders from submitting proposals and ultimately transferring POP tokens to themselves.
-Maintain control of POP by the Core team in a multisig until PopcornDAO determines how to utilize POP in a decentralized and autonomous protocol