Purpose: Add a special category of proposals with shortened voting period in order to take advantage of certain buying opporutunities. These proposals come with a spending cap of 3 ETH. Council approval remains at a minimum of 3 council members to sponsor a proposal
Resources: The proposal is a governance ammendment and requires no additional resources.
Detail: Proposals that are submitted with a resource requirement less than 3 ETH (or equivalent in other assets) can be denoted as a "FOMO MOFO" proposal which would shorten the voting window from 7 days to 3 days. Only ONE "FOMO MOFO" proposal can be active at a time, and there will be a limit of ONE "FOMO MOFO" proposal per week. Timachim will be granted a 3 ETH spending limit on the SAFE multi-sig account that resets weekly to execute any approved proposals quickly and efficiently. HARD CAP OF 9 ETH PER MONTH
Impact: This will allow the DAO to react quicker to buying opportunities that are time sensitive in nature. Downside is smaller window for participation in the voting which could end up having lower participation and propsoals "sneaking through"
Justification: While most of our spending should remain in the long term buy and hold thesis for the DAO we don't want our process to stall our ability to capitilize on opportunities in line with our Mission and Core values. GTags are one example, but Yuga's upcoming mint in January could also see us wanting to be able to react to the market factors quickly to maximize our stake.