Cp0x Delegate Communication Thread

[Non-Constitutional] Treasury Management v1.2


Entropy wants to create 2 groups:

  1. TMC - capital management with a budget of 25 million ARB.
    The group will be engaged in the competent distribution of ARB or USDC funds in accordance with the budget among grants. They will convert on time, etc.
  2. GMC - growth management with a budget of 7500 ETH.
    Will be engaged in investing funds (75%) from the sequencer somewhere (which are now just lying around). Here, all moves will have to be approved by the community.

The salary of 6 members of both committees is 20,000 USDC for each stage. The first stage is preparatory, the second and third last 3 months. That is, about 7 months. That is, the average salary will be ~ $ 8,500.

I think it is a good initiative, they changed many aspects during 1.5 months of discussions, including mine.

The main point why I am for it is the use of the earned 7500 ETH for the profit of DAO.

There is a slight doubt that the committee members are not elected, but we have 6 months to evaluate their activities. After that, we will decide on the election of committee members.


Vote: FOR
Platform: Snapshot