We are immensely grateful for the community’s strong support and trust in this proposal. The next steps will involve detailed planning and collaboration with the DAO to ensure a seamless process.
We are dedicated to maintaining transparency and efficiency as we move forward. Throughout the upcoming phases we will be available on community calls to address any further questions and provide additional clarifications as needed.
To follow-up on the concerns initially stated by @AccelXR-1kx and supported by @lianefiligrane and @ROXPM we have a previous reply where we address several topics including:
- treasury management options & counterparty assessment;
- terms of engagement and responsibilities;
- fees and payments; and
- alternative processes.
There were a couple of comments that we feel are incorrect, and we wish to address them below:
We serve as treasury managers for significant DAOs and protocols in the Ethereum and DeFi ecosystems with over 40 full-time contributors. The assertion that there is no team or there was a lack of preparation for a vote of this magnitude is not accurate.
To provide context on our operations, we establish a core unit for each DAO we work with. Given that the proposal was only ratified a few days ago, we are still finalizing the composition of the team exclusively dedicated to SafeDAO. However, it should be clear that we have ample resources from our existing team to meet SafeDAO’s needs. If further needs arise, we are prepared to recruit more full-time contributors to focus solely on SafeDAO.
No unexpected delays occurred with our implementation in the ENS DAO due to our operational complexity. On the contrary, our treasury team’s feedback from stewards has been overwhelmingly positive over the past year. We continue to work with the stewards and community to achieve a stable and self-sustaining endowment.