FIP-96-B; Transferring all tokens in the OA timelock to Tribal Council Timelock
As specified in FIP 96 and FIP 82, the recently elected Tribal Council would take over all of the Optimistic Approval’s responsibilities, and the OA would be duly deprecated.
As of today, the OA timelock still holds tokens assigned to it for the operations of its duties from earlier FIPs. In accordance with the new governance structure, the OA should transfer all of the remaining tokens in the timelock to the new Tribal Council timelock. Per FIp-93-2 , the OA is obligated to pay out 2.2M FEI as bounty. TC election vote was on April 29th, FIP-93-2 was passed on April 21st; technically before the lapse of the OA charter. Therefore the OA has scheduled and signed these payments from the OA timelock. the remaining tokens will be transferred to the TC timelock.
Specifications:
The OA timelock (0xbC9C084a12678ef5B516561df902fdc426d95483) will transfer ALL of its ERC20 tokesn to the Tribal Council time lock: ~36,852,315 FEI ; 6,000,000 TRIBE ; ~340,580 USDC ; ~16014 IDLE ; and all other tokens.
Correspondingly, all prior responsibilities assigned to the OA will be transferred to responsibility of the Tribal Council.
OA’s original mandate requires a snapshot for movement of such funds, and the FIPs regarding creating of a tribal council did not gave such direct mandate for transfer, therefore an additional snapshot is hereby required to complete this transfer.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0xf8D0...5a28Ee | 2.5M | Yes, transfer the tokens |
0x7E74...6001D2 | 2.5M | Yes, transfer the tokens |
0x5dA0...8bA5D1 | 2.5M | Yes, transfer the tokens |
0x6A42...35ee9b | 2.001M | Yes, transfer the tokens |
0x72b7...0683F3 | 1M | Yes, transfer the tokens |
VOTE POWER
Proposal Status
- Mon June 13 2022, 09:23 pmVoting Period Starts
- Wed June 15 2022, 09:00 pmEnd Voting Period
Current Results
1-Yes, transfer the tokens
10.505M
