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closedEnded 4 years ago · Snapshot (Offchain)

POOL pool gasless voting setup

By 0xC8f8...7df744

Do you support the proposed 6 members of pPOOL voting multisig? @Leighton (current) @Torgin (current) @nahbur (current) @rliriano (current) @AndyKaufman (new) @Tjark (new)

Full proposal: What is the POOL pool? The POOL pool acts as a gasless voting mechanism for POOL holders. It also drips additional POOL rewards to depositors.

How does gasless voting work? All POOL that are held in the POOL pool (pPOOL) automatically delegate their voting power to a multisig. When a PTIP is posted on-chain, the same vote is also posted to the pPOOL Snapshot. pPOOL depositors can vote on the snapshot without paying for gas. If the Snapshot reaches Quorum (20% of all pPOOL have voted), then the multisig votes on-chain the same way as the majority of the pPOOL. Due to technical limitations, the multisig must always vote with its full voting power. E.g. if 20% of pPOOL vote yes on something, 100% of pPOOL votes will go to yes. Multisig signers As the multisig is a point of centralization that holds large amounts of voting power, it is important that the signers are trusted. They could theoretically vote against the will of the snapshot vote if they collude to do so.

The current multisig setup is a 2-of-4 Gnosis safe, meaning 2 signers need to agree to vote. I propose increasing the threshold and instead making it a 3-of-6 multisig.

The multisig members would be:

@Leighton (current) @Torgin (current) @nahbur (current) @rliriano (current) @AndyKaufman (new) @Tjark (new) As this is a meta-vote with no on-chain footprint, a PTIP is not necessary. Instead, I suggest ratifying the voting multisig members using a Snapshot vote.

The current multisig members have been operating faithfully for over 6 months now but have never been formally chosen for the position by the community, so I think it’s good we ratify the full list officially now.

Discussion: https://gov.pooltogether.com/t/meta-vote-pool-pool-gasless-voting-setup/1898

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0
Votes 49
VoterCast PowerVote & Rationale
0xf756...429BA1
9,000

Yes, I support them

0x6425...5B4AB7
5,860

Yes, I support them

0xB05D...79385c
3,731

Yes, I support them

0x0857...69d73C
2,699

Yes, I support them

Taliskye.eth
690

Yes, I support them

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Proposal Status
  • Sun January 02 2022, 06:00 pmVoting Period Starts
  • Sun January 09 2022, 09:00 amEnd Voting Period
Current Results

1-Yes, I support them

26,285.235

99.47%

2-No, let's find better candidates

138.855

0.53%
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