Add Grant Revocation as a new Proposal Category for DAO (Updated)

by 0xd4f1cab694c4424c4796549edbb9b489789f4df5 (TudaMoon)

Problem

Currently, you only need one (1) proposal to get a grant approved, but you need three (3) to revoke a malicious grant. Currently, we have a Grant Support Squad and a Revocations Committee implemented by the DAO. These current processes are NOT permanent solutions as they must be re-enacted by the DAO in order to continue. The DAO always has the ability to make the final decisions over grants; whether it means overriding the GSS or Revocations Committee through a DAO proposal, or bypassing the GSS or Revocations Committee through a DAO proposal.

The current problem with the DAO proposal for grant revocations or overriding GSS or Revocations Committee's decisions is that it takes way too much time before a grant's vesting contract is paused. Three (3) proposals takes too long while the DAO funds have potential to be drained.

Solution

1. Create a new proposal Category for DAO called Grant Revocation.
2. This new Category would come with a new process of revocation.

• First revocation stage if passed (in favor of revoking) by DAO would pause the vesting contract for the grant in question.
• Second revocation stage will bypass the Grant Support Squad's recommendation and automatically bring the grant in question up for review by the Revocations Committee. The Revocations Committee will then determine whether the grant is revoked or not revoked. The Revocations Committee will take information from the Grant Support Squad and evidence provided on the forum, updates and more to determine if the grant should or should not be revoked. They have 14 days total to make that determination and give a public update on their ruling/determination.

• For
• Against
• Invalid question/options

This proposal is summarized due to technical limitations. To view it complete and vote on it, visit the DCL DAO Governance dApp