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executedEnded 3 years ago ยท  Onchain

TBR-Q2-2023 Executive Team

By 0x34E0...2b1D57

Purpose The Executive-Team has been the primary custodian of prize pool contracts and prize liquidity since V4 inception. We handle custody and transaction matters where directed by governance, such as claiming rewards, and receiving tokens on networks other than mainnet. We are the goto solution for maximum security custody for the community.

We will continue the custody of delegations for the Community Team, Grants, and SerHotMike. Custody continues to be $300k in total.

We continue with a custody limit of $750k to put a hard cap on our total custody. Activities that approach the cap will be brought forward as an alert. Any funds over that amount will need to be approved by a vote to change the cap. This gives the community a clear picture of what our custody risk is.

Goals Our primary focus is security. We maintain a 7/11 multi-sig of senior contributors who are well versed in PoolTogether infrastructure, happenings, and the greater DeFi ecosystem.

We look to act in a timely and efficient manner to ensure prize liquidity never runs dry, and that Pooler and treasury funds are safe.

These pillars form our goals

Security No loss. We strive to never lose funds. This is an easily evaluated metric we strive to maintain.

Acting on governance directives A quarterly team survey evaluates our performance alignment with governance directives. The executive-team aligns with the council. Any concerns from the community are encouraged.

Ensuring prize delivery Prizes promised are prizes delivered. We strive for no failed prize claims due to a lack of prize liquidity.

Acting in an organized and efficient way. A new procedure is being introduced to outline execution time expectations. Transactions will be presented by lead as having a standard 24hr time to sign and execute. Transactions requiring more immediate attention will be presented with a 12hr time to sign and execute. The team will strive to always meet these deadlines and missed time windows will be reported at quarters end.

Read more RFC https://gov.pooltogether.com/t/rfc-tbr-q2-2023-executive-team/2818

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Connect Wallet to Add Note
0
Votes 12
VoterCast PowerVote & Rationale
0xca76...216f46
48,884

FOR

0xc6A0...639671
32,137

FOR

0x9F36...7d02B9
28,133

FOR

Andy Kaufman
27,669

FOR

0x3bc1...c46A76
23,150

FOR

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VOTE POWER
0
Connect Wallet
Proposal Status
  • Published Onchain 0x34E0...2b1D57
  • Wed March 29 2023, 02:55 amVoting Period Starts
  • Sun April 02 2023, 04:02 amEnd Voting Period
  • Sun April 02 2023, 04:37 amQueue Proposal
  • Tue April 04 2023, 10:46 pmExecute Proposal
Current Results

1-FOR

243,537.8

2-AGAINST

N/A Tokens

0%
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