We support the rationale behind this proposal. It makes sense to have approved fallback mechanisms to ensure operations of all approved programs.
As treasury managment, wouldn’t it make more sense for the TMC to decide or recommend which strategy to withdraw from?
Agree with Today in Defi’s additions to the process proposed by TMC.
Maybe these could be sent to OpCo instead of TMC directly? Generally not a fan of including someone else in the process to make the process as fast as posible, but it might make more sense to have operations manage this, gather reports from initiatives, instead of treasury management. Open to both options honestly, the addition of simple “money in” “money out” reports could make overseeing all initiatives and expenses easier.
Maybe we could add a small section on calls to inform on open requests for funds when these happen. And we could include tagging the coordinator of the call when requesting funds for visibility.
The proposal as is could also include limits to requested budget, but this still does not address what happens if the shortfall of the approved budget is greater than yield.