SIP-2034: Deprecation of pDAO and Introduction of Risk Council

Voting ended over 2 years agoSucceeded

SIP-2034 proposes to deprecate the current pDAO (protocolDAO) and replace it with a new governing body, the Risk Council. The Risk Council will be responsible for the risk management of Synthetix deployments, contract upgrades, and parameter changes.

Once implemented, all deployments must be signed and executed by the majority of both the Risk Council and the Spartan Council. The Spartan Council will have the capability to unilaterally call new elections for the Risk Council without requiring sign off from the Risk Council.

Are you in favor of this decision?

Off-Chain Vote

sYES

1 SNX-SCT20%

iNO

4 SNX-SCT80%

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Timeline

Oct 20, 2023Proposal created

Oct 20, 2023Proposal vote started

Oct 29, 2023Proposal vote ended

Dec 20, 2024Proposal updated