PSP-IPΔ24 : Claim and Delegate $SAFE tokens on behalf of ParaSwap DAO
PSP-IPΔ24 : Claim and Delegate $SAFE tokens on behalf of ParaSwap DAO
Keywords
Governance, safe, partnerships, community
Simple Summary
As part of our infrastructure, we use Safe Multi Signature wallets. Some of these wallets have received a $SAFE vested token allocation which will expire if not claimed by the 27th of December 2022.
This proposal requests to claim these tokens and decide on who to delegate the voting power to.
Context
Recently, the Safe multisignature solution has decided to decentralise into a DAO, the SafeDAO. As part of its decentralisation process, it has allocated tokens to some multi signature wallets, such as the ones owned by the ParaSwap DAO.
You can read more about the $SAFE voting power and circulation directly from the SafeDAO forums here.
Goals Means
- Claim the allocated 5,051.21 $SAFE tokens before the 27th of December 2022
- Designate a wallet to delegate the tokens to from a pre-selected nominees list.
To decide who to allocate these tokens to, we propose to have delegates nominated in the comments below! Contrary to the usual ‘For, Against, Abstain’ voting options, this vote will have a more granular option to not only whether to claim these tokens or not, but also who to delegate these tokens to!
To make the final voting options as simple as possible, the top 4 most liked ( ❤️ ) nominations were added to the final proposal, as well as an option to claim and not delegate (self-delegate). If two delegates have the same amount of votes for the 4th position, both will be included in the final proposal.
Finally, due to the relative simplicity of the proposal, as well as the need to claim the tokens by the 27th, we propose a discussion period of 1 week instead of the usually recommended 2, that way there is time to claim the tokens after the 5 day voting period is over.
Metrics and Forward Thinking Considerations
The only successful metric is claiming the SAFE tokens before they expire. If the DAO is unsatisfied with the delegation, a new vote could be made to re-delegate the tokens to a new party.
Voting Options
- Claim tokens, do not delegate votes
- Claim tokens, delegate to Mona from Avantgarde Finance
- Do not claim tokens
- Abstain
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x1FF3...610a5E | 3.032M | Claim tokens, do not delegate |
 0x658B...b5C5c1 | 694,885 | Claim token, delegate to Mona |
 0x30bC...1c2085 | 602,298 | Claim tokens, do not delegate |
 0xC399...d5D7b4 | 557,702 | Abstain |
 lito.eth | 536,655 | Claim token, delegate to Mona |
VOTE POWER
Proposal Status
- Sun December 18 2022, 03:18 pmVoting Period Starts
- Thu December 22 2022, 04:00 pmEnd Voting Period
Current Results
1-Claim tokens, do not delegate
6.55M
2-Claim token, delegate to Mona
2.043M
3-Abstain
998,085.95