Founders DAO

Authors: [BennyDLowkey, SanLeo] Type: Proposal Implementer: Multi-sig Team Created Date: [5/3/23]

Abstract: This proposal aims to approve the replacement of multi-sig member Daniel G with SanLeo in the Founder’s DAO. The objective is to include a developer in the multi-sig team, which will bring significant benefits to the community.

Motivation: The inclusion of a developer in the multi-sig team is crucial for the Founder’s DAO to enhance its technical capabilities and address the evolving needs of the community. By replacing Daniel G with SanLeo, who has the necessary developer skills, the DAO will have a member who can contribute actively to the technical decision-making process and provide valuable insights and expertise.

Connection to Mission: The Founder’s DAO’s mission is to create a decentralized organization that empowers its members to make informed decisions and foster the growth of the community. By approving the switching of multi-sig members and adding a developer to the team, the DAO aligns with its mission by strengthening its technical capacities and ensuring that decisions regarding technical aspects are made by individuals with relevant expertise.

Specification: The proposal will involve the following technical details:

Removal of Daniel G as a multi-sig member from the DAO’s governance structure. Addition of SanLeo as a multi-sig member, bringing developer expertise to the governance process.

Updating the DAO’s documentation and records to reflect the change in multi-sig members.

Execution: The proposal will be executed through the following steps:

Founder’s DAO members will vote on the proposal and provide feedback. If the proposal is approved, the DAO will initiate the process of removing Daniel G as a multi-sig member.

SanLeo will be invited and onboarded as a new multi-sig member, following the DAO’s established procedures.

The DAO’s documentation and records will be updated to reflect the new multi-sig member composition.

Benefits: The proposed benefits of switching multi-sig members are as follows:

Inclusion of a developer in the multi-sig team, enabling technical decision-making aligned with community needs. Access to expertise and insights from a developer to guide the DAO’s technical strategies. Enhanced technical capabilities and responsiveness to community requirements. Ability to enhance security by determining suitability for direct use of multisig when interacting with contracts and protocols, over other solutions such as hot wallets. Ability to save on fees by crafting more complex and optimized multisig transactions.

Drawbacks: The potential drawbacks of the proposal are as follows:

Loss of Daniel G’s expertise and contributions in non-technical aspects of governance.

Outcomes: The expected outcomes of the proposal are as follows:

Successful replacement of Daniel G with SanLeo as a multi-sig member. Improved technical decision-making and execution within the Founder’s DAO. Feedback and progress reports on technical initiatives shared with the community.

The updated multi-sig member composition and documentation will be reported to the Founder’s DAO community.