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YamYamby0xC3edCBe0F93a6258c3933e86fFaA3bcF12F8D695trente.eth

Contributor Governor for Payments

Voting ended over 5 years agoSucceeded

Forum discussion: https://forum.yam.finance/t/contributor-compensation-frameworks/887

Basic Summary We propose a new Governor contract, specifically used for contributor funding, to be established with lower quorum, and higher voting time and timelock requirements.

Motivation The goal of these changes is to allow a smaller portion of the YAM community to manage organizational needs, while the longer time delay will allow for the broader YAM community to have oversight over any payments the compensation Governor makes

Specifications Governor Parameters: Proposal Quorum: 25,000 BoU (50% GovernorAlpha requirement) Minimum Acceptance Quorum: 100,000 BoU “For” Votes (50% GovernorAlpha requirement) Voting Period: 3 days Time Delay: 7 days Spending Limit: 100,000 yUSD/month Guardian: YAM GovernorAlpha

Off-Chain Vote

For
582.93K 82.7%
Against
122.07K 17.3%
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Timeline

Nov 10, 2020Proposal created
Nov 10, 2020Proposal vote started
Nov 12, 2020Proposal vote ended
Oct 26, 2023Proposal updated