Following SDGP#33 and as per the agreed multisig structure, community members are asked to submit their application to become signers in Stake DAO’s multisigs. The initial step involves proceeding with the main multisig election, followed by the validation of Emergency DAO members at a later stage. This sequence is planned to allow for a decision on the technical solution for on-chain governance.
Mandate
Individuals elected will initially serve as signers within the current Stake DAO multisig framework, and then, after the full new multisig structure is implemented, only to the treasury multisigs (so elected members won’t have any kind of control on Stake DAO’s smart contracts).
Elected members are mandated to support the DAO in its treasury management operations, with the objective to facilitate the DAO’s treasury and maintain its strategic goals (e.g. supporting liquidity for Stake DAO products), and the clear request to adhere to the community goals, comply with industry standards and best practices, and maintain transparency. More precise guidelines will be published soon by StakeDAO Association as a comment to this post.
In its current state, the number of transactions to sign per week is relatively high, and applicants need to be ready to verify and sign several transactions per day. This will also include transactions on the weekend.
No compensation
Participation as the DAO’s multisig signer is purely voluntary and uncompensated, though gas expenses will be covered by the DAO.
Who can participate?
This election is open to any community member willing to contribute to Stake DAO’s community and support the DAO growth and development. This initiative reflects Stake DAO’s commitment to fostering an open and inclusive environment where every member has the opportunity to contribute.
Application format
The DAO requests 5 permanent members and 3 potential replacements.
All applications will be published as an answer to this post.
Applicants need to state:
- Name or pseudo
- Telegram or Twitter handle
- Ethereum address
- Optional: a little sentence / text of presentation
- Disclosure of any conflict of interest they might have (participation in other projects’ multisig for example), to ensure alignment of interest, as well as fairness and integrity in the election process.
Applications must be submitted within the next 7 days after the guidelines’ publication in the forum, after which we will proceed to the election.
Voting method
Following the application phase, the election will be conducted as a normal SDGP using a ranking voting method to ensure a democratic and transparent selection process. This method allows community members to prioritize their choices among the candidates, facilitating a clear and fair outcome. The top five candidates will be elected as permanent members, with the subsequent three serving as alternates, ensuring a robust governance structure for Stake DAO.
