Ratify new iROBOT Liquidity Provision

This proposal looks to gain consensus on our proposed solution to a problem encountered whilst attempting to seed liquidity into the new Balancer V2 Pool. After making this proposal to the on chain DAO, the volatility in WETH/ROBOT meant that our proposal would not correctly seed the liquidity without exposing iROBOT DAO members to a potentially significant loss of value. This was due to the 3 day voting period or 50% quorum requirement needed in order to execute the transaction.

As a solution to this problem, we propose that the original DAO used to set up the Minion Safe; made up of @METADREAMER, @Rolf and @Isaac be used to execute the transaction and effectively sidestep iROBOT DAO's 3 day voting period and the associated volatility risk.

We understand that this is a less than ideal solution from a decentralization point of view, but after much consideration we believe that this is the best trade off considering the potential downside to the alternative, ie: waiting for the onchain proposal to execute and iROBOT DAO taking on the volatility risk (arbitrageurs realizing what we're doing and manipulating the ROBOT price in order to capture value from the incoming deposit of WETH and ROBOT).

As part of this decision, once the required transaction to seed liquidity is executed, another proposal would be made to remove the power of this original DAO so that governance over the Safe Minion is entirely controlled by iROBOT DAO members via onchain governance.

This original DAO's power to make proposals/transactions like this was maintained as a backstop in case we ran into a critical problem whilst setting up iROBOT DAO and the liquidity pool.

In order to ensure that a majority of iROBOT members are in favour of this proposal, it will require a 51% majority of all DAO shares to vote in favour on this Snapshot poll.

Vote

Yes:

• Ratify the use of the Original DAO to seed iROBOT pool liquidity.

No:

• Do not ratify this decision, circle back and implement a different solution.