Defeated

Replenish Staking Rewards and Renew Treasury Approvals


Proposal ID

665932...5889

Proposed

Oct 12th, 2026

Result details

2 addresses

9.77K votes

Final Votes

Quorum

9.77K of 9.74K

Majority support

No

For

9.77K

Against

65.1K

Abstain

0

Actions

Type

Address

Details

Custom

0xDCb4...6724

execTransaction(..)

Custom

Account

0xDCb4...6724

Method

execTransaction(..)

Proposal

Summary

Top up the Daily Reward Distributor with 500 KITE from the DAO treasury, renew routine ERC-20 operational approvals, allocate 100 OP to the Admin Safe for ongoing operational expenses, and activate treasury governance participation to help the DAO reach quorum consistently.

Motivation

The DAO has experienced repeated quorum shortfalls on routine governance proposals. To ensure sustainable governance participation and avoid stalled proposals, this action activates the treasury's dormant voting power through delegation to a designated governance participation address.

Additionally, operational approvals periodically expire or are consumed, requiring renewal to maintain smooth treasury operations.

Specification

  1. Transfer 500 KITE to the Daily Reward Distributor (0xfEd2...5a4D)
  2. Approve StakingManager for 50,000 KITE (operational renewal)
  3. Approve RewardDistributor for 50,000 KITE (operational renewal)
  4. Transfer 100 OP to Admin Safe for operational expenses
  5. Delegate treasury KITE voting power for governance participation
  6. Approve Admin Safe for 10,000 KITE (operational renewal)

Risk Assessment

This proposal does not modify any protocol parameters. Token transfers are limited to existing operational addresses. Delegation is revocable through a subsequent governance proposal.

Voting

FOR: approve the treasury maintenance actions above. AGAINST: retain current state. ABSTAIN: no preference.

Final Votes

Quorum

9.77K of 9.74K

Majority support

No

For

9.77K

Against

65.1K

Abstain

0

Final Votes

2 addresses

9.77K votes

Status

Mon Oct 12, 02:26 am

Published onchain

Mon Oct 12, 02:26 pm

Voting period started

Wed Oct 14, 02:26 am

Voting period ended

Proposal defeated