This proposal seeks approval to formally conclude Soft Protocol operations and authorize the distribution of the remaining treasury assets to settle outstanding project obligations, reimburse approved expenses, and complete the orderly wind-down of the project.

Background

Over the course of Soft Protocol’s development, contributors incurred various operational, administrative, and project-related expenses to support the growth and maintenance of the protocol. Given the current status of the project, the team believes it is appropriate to formally conclude operations and settle all remaining obligations.

Proposal

If approved:

Soft Protocol will formally cease active operations.

Remaining treasury assets will be used to satisfy any outstanding project-related obligations and approved reimbursements.

The multisig signers will be authorized to execute the necessary treasury transactions required to complete the settlement process.

Following settlement, any remaining treasury assets will be distributed according to the approved execution plan.

Rationale

This proposal provides a transparent and orderly process for concluding project operations, ensuring that outstanding obligations are resolved and treasury funds are managed responsibly.

Voting

For

Approve the closure of Soft Protocol and authorize treasury settlement.

Against

Reject the proposal.

Execution

Upon approval, the multisig signers will execute the necessary transactions to complete the treasury settlement and formally conclude project operations.