Take Back The Fort Proposal

As stated in the Fortress DAO announcement dated November 5, 2021, and further documented in the glossary of the Fortress DAO organizing documents, Fortress DAO is a community-owned venture fund whereby sfort holders have governance voting rights which include voting rights on the allocation of treasury funds. However, these voting rights have been suppressed by Avraham Eisenberg who controls, among many things, what Fortress DAO is allowed to vote on. In order to disprove false narratives pushed by Avraham Eisenberg, the following community-led proposal has been commissioned in order to make known and authorize the will of sfort holders:

• BONDING: Fortress DAO is fundamentally against bond mints under backing. Bonding mints are to be disabled immediately. The bonding key is to be transferred out of Avraham Eisenberg’s possession and into the Fortress DAO multisig treasury contract. All bond mints under backing purchased by Avraham Eisenberg, the owner of the bonding key, are to be burned when claimable.

• FUSD: Fortress DAO hereby declares immediate disassociation with FUSD. FUSD has engaged in criminal activity jeopardizing the legitimacy of Fortress DAO. Fortress DAO does not authorize the holding of any fusd or sfusd tokens. Fusd and sfusd tokens held in treasury are to be immediately converted to usdc.e at the same rate to which they were received (e.g. 1 sfort for 1 usdc.e)

• TREASURY: We exercise our voting rights on the allocation of treasury funds through the following:

o We do not approve of any treasury funds in the single signature personal wallets of Avraham Eisenburg, including certain funds transferred to Coinbase. All treasury positions are to be immediately liquidated within 24 hours following the passing of this proposal, converted to usdc.e (or equivalent), and transferred from the single signature personal wallets of Avraham Eisenburg into a newly commissioned Fortress treasury multisig wallet.

o A newly commissioned Fortress DAO treasury multisig wallet will be set up. Signatories on this new wallet will be approved by the community in a follow up proposal.

o Within 5 days of the passing of this proposal, treasury funds are to be used for redemption.

• GOVERNANCE: We hereby vote Avraham Eisenberg off of Fortress DAO. His criminal activities have jeopardized the legitimacy this project and resulted in significant financial harm to Fortress DAO and its members. Upon passing of this proposal, we declare that Avraham Eisenberg remove himself from the project after completing the actions described in above in this proposal. We authorize Xibumi to work with Avraham in good faith on facilitating the actions described above. In exchange for leaving this project, we authorize a payment of 1 fusd to Avraham for his time.

• LEGAL: We are aware that due to Avraham Eisenberg being doxed, personal information is widely available on Avraham and his family. We state clearly that Fortress DAO does not condone physical harm, threats, blackmail, or stalking (or anything like it). However, in light of recent actions by Avraham Eisenberg, we affirm our right to pursue legal action through the justice system. More information will be forthcoming on ways to participate.

If this proposal is passed, any action items specifically mentioned herein supersede any previous passed proposals. However, action items not specifically mentioned herein do not supersede any previous passed proposals.

Finally, we hereby declare any proposals posted by Avraham Eisenberg that have not passed as of the start date of this proposal to be invalid if a quorum of 200k is not reached.

Vires Simul!