Argonaut Delegate Communication Thread

  • Proposal: Approval of STEP 2 Committee’s Preferred Allocations
  • Voting type & platform: Offchain - Snapshot
  • Vote: For
  • Reasoning: We have indicated on occasion that we are in favor of diversifying the treasury, and so we see with very good eyes these allocations favored by the committee, and we see that they are very well balanced among them. One thing to keep in mind is that out of 50 applications, the committee was able to narrow that down to only 3 applicants to receive grants, and that must not have been an easy task. As other delegates have indicated, we would also like to know how the committee arrived at this number. We encourage the STEP 2 members to clarify this if the proposal passes. As for the selected applications, we have reviewed them and see nothing strange or reason not to support their election. We continue to trust STEP as we always have, and their work so far has been very positive. All in all, we voted for this motion.

  • Proposal: [Non-consitutional]: Top-up for Hackathon Continuation Program
  • Voting type & platform: Offchain - Snapshot
  • Vote: Yes to both
  • Reasoning: As we stated in our forum comment, we will be supporting this proposal. We see it as a very good and timely solution to a problem that should not remain unresolved and set a bad precedent for the DAO in the future. We really have no concerns about this reallocation of funds and even consider it a very smart move that is actually positive for the DAO. Instead of setting a bad precedent, we would be doing the opposite, which is good for all of us. People submitting proposals will have more confidence in us if DAO-approved initiatives can count on that support. These kinds of moves are cheap or free to the Foundation in the end, while at the same time we as a community can show ourselves to be reliable partners through these kinds of actions.