Executed

[SECURITY] Emergency Governance: Delegate GTC to Veto Multisig


Proposed by

Proposal ID

199864...3099

Governor

Gitcoin

Proposed

Result details
Final Votes

Quorum

4.06M of 2.5M

Majority support

Yes

For

4.06M

Against

0.81

Abstain

0

Actions

Type

Address

Details

Custom

0xDe30...163F

delegate(..)

Custom

Account

0xDe30...163F

Method

delegate(..)

Proposal

This is an extension to the "[SECURITY] Emergency Governance: Temporary Transition to Multisig Execution" proposal that delegates the 12,508,498.0957571 GTC in the Gitcoin DAO treasury to 0x5743e35477363241300fcedc2f5eb0195f300817 - which is a 4/5 multisig that can act as a veto for treasury attacks.

The delegates at 0x5743e35477363241300fcedc2f5eb0195f300817 would not weigh in on any vote except an attack on the treasury.

This action serves as a veto on any proposal thats below 13m GTC, increasing the cost of an attack to be at least (13m GTC + 3m GTC in currently active stewards) = 16m GTC.

Final Votes

Quorum

4.06M of 2.5M

Majority support

Yes

For

4.06M

Against

0.81

Abstain

0

Final Votes
Status

Draft created

Published onchain

Voting period started

Voting period ended

Proposal queued

Proposal executed