PROPOSAL #4 TO THE DAO - GNOSIS Multi-Sig Authorization

Whereas, the Original DAO whitepaper, published and effective during the inception of fundraising and thereafter, establishes three (3) authorized signers — Andrew Kraus, Ryan Paul and Jason Herman — and requires the unanimous approval of these three (3) signers in order to undertake any authorized transaction;

Whereas, during the Merge sale, it became evident that two additional signers would be necessary to facilitate execution, and, accordingly, as an interim, temporary measure, deemed necessary to effectuate the purpose of the DAO, another two signers, Jason Bergstein and Coby Kahmi were added (Coby Kahmi and Jason Bergstein are collectively hereinafter referred to as “temporary signers”);

Whereas, in light of the limited purpose of these appointments, the DAO agreed to immediately remove the temporary signers as signatories after the sale;

Whereas, the whitepaper mandates increasing the total number of signers to five (5) upon the close of the merge sale, and doing so by adding the two largest contributors, who were not already signers, as signers;

Whereas, the two largest holders of MRGE tokens (skipping shreddrz.eth which is controlled by Ryan Paul and Jason Herman who are already wallet signatories) have been identified and recorded on the block chain as: 0xe9572718a87a434b4f556bf9be2cf740d29a8b4b - belonging to Merlin Kaufman holding 23,147,500 MRGE (12.8221%) And 0x3df9e23c1e069702d86736be5c2f425b9e528835 - Belonging to Ian King holding 9,062,000 (5.0197%), (collectively hereinafter referred to as the “top two holders”);

Whereas, the proposers hereof believe the DAO should thank Jason Bergstein and Coby Kahmi for safeguarding the DAO assets and effectuating the purchase of merge mass to allow the DAO to attain a status as the holder of the fifth (5th) greatest amount of mass; and,

Whereas, consonant with the terms of the White Paper and its implied covenants of good faith and fair dealing and pursuant to such terms, the DAO must now transition to a properly decentralized structure and install the aforesaid top two holders as signatories in these safe control spots by directing the aforesaid temporary signers to surrender their interim roles and replacing them with these two top holders;

It is now and hereby proposed for the DAO act as follows: The temporary signers will be immediately replaced with the top two holders as signatories on the DAO wallet.