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Stake DAOStake DAOby0x505FB4560914eA9c3af22b75ca55c3881472ae450x505F…ae45

SDGP #29: Whitelist the Convergence’s veSDT multisig to lock $SDT

Voting ended about 2 years agoSucceeded

—- Summary -—

Whitelist the Convergence’s veSDT multisig.

—- Rationale -—

The veSDT multisig (Safe multisig) is a core contract of the Stake DAO aggregation within Convergence. Instead of holding our veSDT and the gauge tokens on the same contract, we opted for a 2-contracts logic, that allows modularity and adaptability.

This multisig will be used for:

  • Permanently lock SDT that are converted to cvgSDT;
  • Permanently delegate the veBoost to the second contract which holds gauge tokens;
  • Votes on Stake DAO gauge weights, according to metagovernance operations, handled with mgCVG.

Later on, custom modules will be added so everyone can, in a permissionless manner:

  • Lock SDT that are not yet locked on the multisig;
  • Extend the lock duration;
  • Update/extend the veBoost delegation;
  • Claim rewards;
  • Send rewards to the cvgSDT buffer.

In order to ensure a fair execution of the metagovernance, and every other action that is needed, the multisig members are:

  • Wireshark (Convergence co-founder);
  • Solidity Ashtray (Convergence co-founder);
  • Robo-Odin (Convergence Proto-DAO member);
  • Chago (Stake DAO core team);
  • Hubert (Stake DAO core team).

The multisig will function with a 3/5 threshold.

—- Means -—

Whitelist the following address: 0x6ceE94bFCD5a7dEFDBEF337Bf79fE31D0982CF2A

—- Votes -—

1- WL Convergence's multisig; 2- Do not WL Convergence's multisig.

Off-Chain Vote

WL Convergence's multisig
3.91M veSDT100%
Do not WL Convergence's multisig
0 veSDT0%
Download mobile app to vote

Discussion

Stake DAOSDGP #29: Whitelist the Convergence’s veSDT multisig to lock $SDT

Timeline

Jan 22, 2024Proposal created
Jan 22, 2024Proposal vote started
Jan 29, 2024Proposal vote ended
Jan 30, 2024Proposal updated