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closedEnded 4 years ago ยท Snapshot (Offchain)

TIP-28/29: Threshold DAO funding for the Relay Maintainer

By 0x8d85...54DCC9

Overview:

Two seperate proposals have been put forward with regard to the maintenance of the Relayer costs.

Both Proposals State: โ€œThis is a proposal to request that the Threshold DAO funds the full costs of the relay maintainer in T for a timeboxed period of 5 months starting with June.โ€

The two proposals differ in who is responsible for maintaining the costs and how the DAO pays for it (T or ETH).

TIP-28 States: "The Keep team will continue to monitor and top up the relay maintainer with ETH. The Threshold DAO will fund the full cost of the relay maintainer on a timebox of 5 months starting with June. This will be in the form of T transfers to a Keep wallet at the end of each month. The total T will be determined by the amount of ETH used to keep the relay maintainer going for that month.

ETH is a more scarce resource for the DAO and the Threshold Treasury Guild does not want all of its upcoming treasury diversification efforts to go towards relay maintainer expenses which is why this proposal includes T."

More Information: https://forum.threshold.network/t/tip-28-threshold-dao-funding-for-the-relay-maintainer/363

TIP-29 States: "This proposal directly involves Keep, the Threshold Treasury Guild and the Threshold Council.

Furthermore, this proposal nominates Ben (ZeroInFo56) to take lead on monitoring ETH funds in the relay maintainer and keeping the Treasury Guild up to date with said information."

"Community discussion on this topic leading up to this proposal occured in the #governance channel on Discord, at multiple DAO meetings and on the first TIP-28 proposal on the forum.

Starting with the month of July the Threshold DAO will take ownership of the relay maintainer for a timeboxed period of 5 months. Specifically, the Threshold Treasury Guild will be responsible for executing top ups on the maintainer in ETH. In the past, the maintainer has been topped up on a 2 week cadence. However, the Threshold Treasury Guild can determine its own top up cadence."

More Information: https://forum.threshold.network/t/tip-29-threshold-dao-funding-for-the-relay-maintainer-v2/367

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Connect Wallet to Add Note
0
Votes 14
VoterCast PowerVote & Rationale
0x8d85...54DCC9
210.115M

TIP-28, Keep Monitors, Pay T

0x4f1e...B7aA74
197.037M

TIP-29, DAO Monitors, Pay ETH

ZeroInFo56
195M

TIP-28, Keep Monitors, Pay T

0x421A...a4DAb5
184.743M

TIP-28, Keep Monitors, Pay T

0x9eEf...338115
102.116M

TIP-29, DAO Monitors, Pay ETH

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VOTE POWER
0
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Proposal Status
  • Fri June 24 2022, 07:22 amVoting Period Starts
  • Wed June 29 2022, 10:00 amEnd Voting Period
Current Results

1-TIP-28, Keep Monitors, Pay T

596.212M

66.47%

2-TIP-29, DAO Monitors, Pay ETH

299.154M

33.35%

3-Neither

1.542M

0.17%
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