[RFC] Granting voting power to locked HFT in NFT rewards

Governance
23

Are there any concerns with this alternative?
@gxmxni

24

I would highlight a few things:

  • the original proposal should reflect the actual state of what is being proposed - you would likely have to coordinate and land on something that is the final version
  • I personally have concerns about the equity of this proposal - it sounds like the boost is the same regardless of amount / timelock – this has to be made very clear in the proposal text
  • same comments around implementation details as above
25

I understand that the proposal needs to be reworked.

My last question is, I saw your comment about the cost of auditing the contract, who has been paying for this so far?

Usually the team pays for it, right?

Am I correct?

26

The Foundation holds two types of funds:

  • The Community Treasury in HFT – these are funds that are solely used via the DAO
  • The Foundation’s reserves – these are funds that are used by the Foundation at its discretion

The Foundation can therefore elect to use its funds to support protocol changes. However, the DAO does not have control of that Foundation’s reserves.

One example of how this could be done is that HFT should be spent from the Community Treasury to fund these audits.

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