- Proposal: Terms of Tenure for STEP program manager
- Voting type & platform: Offchain - Snapshot
- Vote:
#1: 6 months from available funds
#2: Additional funds for 1 year
#3: Liquidation of RWAs and STEP
#4: New election at $86,581 per year
#5: Abstain - Reasoning: Our primary choice for this proposal is to approve only a 6-month contract from available funds, and our secondary choice in terms of importance is to approve additional funds for 1 year so that Steakhouse can complete their 1-year term. We appreciate the ratification of Steakhouse as STEP Program Manager, and so our choices are aimed at continuing the work that has been done so far. In that sense, dissolution of the RWAs or a new election is not something we would consider, nor would we abstain from this vote. In addition, as we have already pointed out in the forum, there should have been some kind of protection against possible losses for the candidate who was finally chosen to be the STEP Program Manager. This unaddressed factor cannot fall on the chosen candidate. Also, as indicated in our comment, given their role, we hope Steakhouse will implement measures to avoid these issues to ever arise again and so much more if these expenses are calculated in USD only.