Dear governors, here’s the latest edition of governance updates from the engine room.
The official mStable ProtocolDAO & TreasuryDAO elections are now live on Snapshot. You can vote for your favourite signers, featuring a custom multi-winner ranked choice voting strategy.
Snapshot Proposals:
TreasuryDAO Signer Elections
- https://vote.mstable.org/#/proposal/0xd1cb8ca65b3f2e784267e76244116f67081444c740e54d304238aaa15a1a8b9a
- Vote for the next round of signers to occupy the TreasuryDAO seats for the upcoming term, and represent the Treasury portion of the wider mStableDAO ecosystem
ProtocolDAO Signer Elections
- https://vote.mstable.org/#/proposal/0x38bb1ddabc3dc063720b9f180c945d3ed8ac2099a3163eb45654c49de5112362
- Vote for the next round of signers to occupy the ProtocolDAO seats for the upcoming term, and represent the Protocol portion of the wider mStableDAO ecosystem
MCCP 23: Disable underutilized dials II
- https://vote.mstable.org/#/proposal/0x844e0df1d3f1643e65382b4479e29f419a5fc1e36c41ed7de1f56d73d04351d7
- Disable the second batch of underutilized dials in the Emissions Controller to avoid incentivising pools that receive a substantial amount of MTA per epoch without contributing much to the ecosystem
MCCP 24: Reduce weekly MTA emissions
- https://vote.mstable.org/#/proposal/0x142c983d665a42c8da23db7cac3ce448d7a5a07562ae1bcf5b6ca6255df2fe99
- Reduce the emissions of the Emissions Controller to a simple linear function, extending the emissions schedule from 6 years to 12 in order to reduce sell pressure
RFCs:
TreasuryDAO Charter
- https://forum.mstable.org/t/rfc-treasury-dao-charter/914
- Craft a TreasuryDAO Charter that codifies how the discretionary spending of the TreasuryDAO is to be carried out by the signer group, and help with transparency and verifiability of the monthly Asset Management reporting process done on behalf of the DAO
Community Call:
Our Community Call will be happening this Thursday. We will be sharing more details about our brand new suite of products that are going to hit the DeFi ecosystem.