This proposal will refill the daily reward distributor contract with 200 KITE to maintain incentive continuity for HAI minters, renew operational approvals, and activate treasury governance participation.

Background

The daily rewards distributor distributes KITE incentives to users who mint HAI against supported collateral. The contract currently holds approximately 16,474 KITE and distributes 200 KITE/day across collateral types.

Additionally, the treasury's 328,143 KITE (33.7% of supply) has never been activated for governance participation, reducing effective quorum coverage. Activating this voting power increases baseline participation and prevents repeat quorum failures.

Specification

This proposal executes a batched treasury transaction from the DAO treasury Safe:

• Transfer 200 KITE to the Daily Reward Distributor
• Renew ERC-20 approvals for StakingManager and RewardDistributor
• Transfer 50 OP to Admin Safe for keeper gas
• Activate treasury KITE governance participation

Rationale

• Maintains uninterrupted minting incentives
• Follows established refill patterns (Aug 12, Sep 21)
• Prevents repeat quorum failures (Sep 20 incident)
• No net token transfers beyond routine refill

Execution

Single execTransaction on the DAO Treasury Safe, batched via MultiSend.

Contracts

1. DAO Treasury Safe
2. Daily Reward Distributor
3. StakingManager
4. Admin Safe
5. KITE Token
6. Governance Operations Contract