This proposal seeks to modify the signers on the Operational Accounts across the Coop.
Ethereum: Operations Account:
Ethereum: Operations POL Account:
Polygon: Operations Account:
Optimism: Operations POL Account
The Operations Account multisig was created with IIP-46: Security - Operations & Investment Account and updated as shown below:
- Create an Operations Account
- Add overanalyser in a new role as V3 Liquidity Manager, signers 3 of 5.
- Remove DarkForestCapital, remove overanalyser, add Pepperoni_Joe add oneski22 add pujimak_in, add MrMadila and add cavalier_eth. Signers 3 of 8.
- Add Elliott, Ncitron and add hammad. Signers 3 of 11.
- Remove cavalier_eth and pujimak_in and add Afromac and sid.
In this proposal we consider replacing @dylan with @anthonyb.eth, @ncitron with @TheYoungCrews and @Pepperoni_Joe with @bradwmorris. This increases in-house Product coverage on the Operations Accounts which are being increasingly used to support Protocol Owned Liquidity (POL).
The ops account will be used going forward as the primary account to deploy protocol owned liquidity as outlined here.
The Operations Account holds and receives the communities most liquid funds, it also has the backing of Finance Nest who have expertise in asset management and are responsible for the sustainability of the Index Coop spend. The account accrues all product revenue and holds the Nest budgets for Season 1, allowing for a diverse range of assets that can be utilised.
Recently Finance Nest and Liquidity Pod agreed to create a second Ethereum Operational Account, this wallet is to support POL much like the Polygon and Optimism wallets. With the inclusion of Anthonyb.eth, the Liquidity Pod will have 5 members as signers on the Operations Account. This provides flexibility but also concentration of Product Nest and Finance Nest within the wallet.
Adding these two members will enable the process owners (liquidity pod) to be fully accountable the entire length of the process from interacting with the community all the way through to distribution of funds into the pools. The intent is to streamline operations and align accountability with process ownership. Similar can be said for Finance Nest which broadly oversees the Coops finances ranging from third party payments, contributor rewards to Seasonal funding requests.
We have shared this proposal on the forum to enable discussion to occur and for viable alternatives to be presented.
Modify the above linked Gnosis Safe:
- Add @anthonyb.eth (Product Nest)
- Add @bradwmorris (Community)
- Add @theyoungcrews (Growth)
- Remove @dylan
- Remove @Pepperoni_Joe
- Remove @ncitron
The wallet will still only require 3 signers to approve a transaction, 3 of 11.
The new signer structure will be:
|United States America||Product Nest||Anthony|
|United Kingdom||Product Nest||Afromac|
|United Kingdom||Product Nest||MrMadila|
|United States America||Governance Nest||Oneski22|
|United States America||Growth Nest||Theyoungcrews|
|United Kingdom||Community Nest||Hammad|
|United Kingdom||Finance Nest||Matthew_Graham|
|United Kingdom||Finance Nest||Elliott|
|United States America||Operations Account Manager||prairiefi|
|Nest coverage||% coverage|
DO NOT change the existing arrangement.
Copyright and related rights waived via CC0.