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RevaultRevaultby0x1e271513BebF7FE22bbDDabC9603e7F6334c986D0x1e27…986D

What responsibilities should a Revault DAO council have?

Voting ended over 3 years agoSucceeded

Revault DAO council

The Revault DAO votes on whether there should be a council and what its responsibilities should be.

Please select everything you would want the council to be able to do.

Abilities and Responsibilities

Council and Quantum Econonomics exclusively can start new proposals: Protects the DAO from hostile takeovers and abuse of the proposal function. This gets rid of the 5k VREVA requirement.

Hold multisig keys to the DAO treasury: Council members hold multisig keys and (partially or fully) will be required to sign off on any transactions as well as one or multiple members from Quantum Economics, so no side can perform transactions without knowledge of the other.

Interface with Quantum Economics, Layered Cake and other business partners: Rather than address the entire DAO, matters can be brought up in a smaller scale environment with council members and business representatives of the other party present to be later brought forward in a condensed manner to the DAO for further decision-making or general information.

Make small decisions autonomously: As representatives the council will be able to make decisions with limited impact on the DAO or protocol autonomously to streamline the process. This has to be reported to the DAO and can be overthrown or re-opened later.

Off-Chain Vote

Exlusive Proposals
188.92K VREVA34%
Hold Keys to Treasury
141.16K VREVA25.4%
Interface With Business Partners
94.21K VREVA17%
Autonomous Minor Decisions
131.16K VREVA23.6%
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Discussion

RevaultWhat responsibilities should a Revault DAO council have?

Timeline

Oct 21, 2022Proposal created
Oct 21, 2022Proposal vote started
Oct 24, 2022Proposal vote ended
Oct 26, 2023Proposal updated