This vote will determine if we ratify and execute the formal proposal, 'Transfer 5,500 KPI Options to the Operations Team Multi-sig (expedited) ', as outlined in Discourse:
Executive Summary:
This is a proposal to request funding of 5,500 KPI Options from the DAO treasury to the Operations Team Multi-sig.
These options are collateralized with $UMA tokens with a base value of 0 $UMA and a maximum value of 0.6 $UMA per KPI option at expiry 03/31/22. These options gain value per integration achieved during this epoch. For more information please check here.
A total of 5,500 KPI options are being requested.
4,500 KPI options will be distributed to all 9 teams within the SuperUMAn DAO (500 each) to be used for tipping on discord through tip.cc
1,000 KPI options will be sent to the Operations team to be used as prizes for events during our end of epoch party.
This is a proposal going through our expedited governance process defined in SUDAO-IP-2.1 hence it has different passing requirements from other proposals and will only run for 48hrs.
Passing Requirements:
Majority: 80% Quorum: 75% of total voting power
Voting Options:
For - Voting For will execute the transaction to send 5,500 KPI Options to the Operations Team Multi-sig.
Against - Voting Against will reject the transaction to send 5,500 KPI Options to the Operations Team Multi-sig.