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Stake DAO BALStake DAO BALby0x40938d09b4A2a40b6538F7a8F77fC1971F8cEF540x4093…EF54

[BIP-103] Karpatkey Balancer Treasury CU Proposal Update [second vote]

Voting ended over 3 years agoFailed

After a thorough consultation with various stakeholders, including Andrea, Solarcurve, Zen Dragon, Zekraken, Danko, Mike B and Xeonus; Karpatkey would like to again propose the BIP-103 with the following updates:

  1. Karpatkey commits to receive a performance bonus in USDC equal to 20% of the value generated by the Treasury Management Team
  2. Karpatkey commits in not diluting the voting power of the main stakeholders with exercises placed to supply BAL tokens on lending platforms such as AAVE and similar. Karpatkey is fully aware of the importance of the Balancer Governance and funds available to BalancerDAO should not be lent so as not to dilute the properties described above.
  3. Karpatkey undertakes to keep all stakeholders and their representatives updated through direct communication involving the various parties;
  4. Karpatkey undertakes not to carry out any proposed transaction unless there is unanimity of approval from all stakeholders.

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Yes, let's do it
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No, this is not the way
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Timeline

Nov 03, 2022Proposal created
Nov 03, 2022Proposal vote started
Nov 04, 2022Proposal vote ended
Oct 26, 2023Proposal updated