Withdraw $10MM of GTC to diversify our treasury and increase governance partners
With this vote we are moving $10MM in GTC to the same gnosis safe that has been used to diversify part of the treasury already - any amount not allocated as part of the diversification will be returned to the treasury.
The Snapshot vote passed, and we are interested in moving forward as a result. You can see full details here on the snapshot proposal: https://snapshot.org/#/gitcoindao.eth/proposal/0xc6655f1fb08259263693f9111a8cdaba6b726390e9dbb65eaa6ce41905ba297c
Further reading can be done at the two links below as well (original details and updated details):
Treasury Diversification rationale on the governance forums: https://gov.gitcoin.co/t/gitcoin-treasury-diversification/9698
Update on terms: https://gov.gitcoin.co/t/treasury-diversification-part-ii-welcoming-strategic-partners/9825/4
We are moving $10MM in GTC to the gnosis safe used to diversify part of the treasury already. Those details are as follows:
This is a 5/6 multisig. Signers on the multisig will be the the following Gitcoin Stewards:
- Kyle
- Annika
- Shreyas / Llama
- Kris
- Simona
- James / Fire Eyes
The Gnosis safe can be found here: 0x85e01c9E286A6b2bbc816Cf862911572eaa34F04
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xc2E2...296099 | 2.104M | FOR |
 0xbe36...2B0812 | 1.342M | FOR |
 0x4Be8...425F91 | 1.052M | FOR |
 0x894A...27Ef92 | 892,238 | FOR |
 0x43a7...28aA32 | 300,000 | FOR |
VOTE POWER
Proposal Status
- Published Onchain0xc2E2...296099
- Sat August 27 2022, 11:17 pmVoting Period Starts
- Sat September 03 2022, 10:02 amEnd Voting Period
- Tue September 06 2022, 03:32 pmQueue Proposal
- Thu September 08 2022, 03:39 pmExecute Proposal
Current Results
1-FOR
6.188M
2-AGAINST
N/A Tokens