Summary This proposal seeks to update the signers on the TrueFi DAO treasury multisig wallet. Specifically, it aims to remove two current signers and replace them with new, qualified individuals to enhance security, improve responsiveness, and reflect current contributor activity.
Motivation The current composition of the TrueFi DAO multisig includes signers who are either no longer active in DAO operations or whose responsibilities have shifted. To maintain the integrity and efficiency of treasury management, it is necessary to update the signer list to ensure all signers are trusted, available, and aligned with the DAO’s ongoing objectives.
Proposed Changes Remove the following signers:
[Stratego Holdings] - [0x623EeaAe05FB5A4Be01D45613928d4233da80Fd7]
[Nathan Vandy] - [0xE416dE13e7859Ba860de0DE3563dA1e4e97dbd97]
Add the following signers:
[Seb Davies] - [0x97F8De405D7e70c0F66c2308d9882A9227097d6f]
[Kevin Sparks] - [0xB2F3cE5e63b0c303C475667f8CB28a47b14b9d9b]
Rationale The proposed additions are active contributors to the DAO and have demonstrated trustworthiness and availability. This change ensures a well-functioning multisig that meets operational needs, including timely transaction signing and governance execution.
Implementation Upon successful approval of this proposal, the Gnosis Safe multisig wallet will be updated to reflect the new list of signers. This update will be coordinated by the current Safe owners using the standard multisig change process.
Next Governance Steps
As the proposals does not fall under the simplified governance exemptions, the proposal will require the following steps:
Snapshot Vote: A 48-hour Snapshot vote will be conducted with the options: “OK to vote on Tally,” “Not OK to vote on Tally,” and “Abstain.” At least 5% of staked TRU must participate in this Snapshot vote to meet the quorum.
Amendment Period: If the 5% quorum is met, with a majority negative vote, a 72-hour period will follow to allow for any amendments or discussions before the proposal is posted to Tally.
Tally Vote: Otherwise, the proposal will be posted to Tally for the final vote.
Note: The tally vote will be a simple Mint Tx of 1 TRU to the Timelock as to memorialize the execution of the proposal on Tally.