[SEP #7] Governance Framework

Hi all, we’ve refined the governance framework to incorporate insights we identified over time and from discussions surrounding the resource allocation framework.

In addition to minor linguistic modifications, the following key changes have been made:

  • The duration of sprints has been corrected from 5 to 4 weeks. This adjustment was made after reviewing the timeline and also aligns with the feedback in favour of more iterations within a year.
  • We have now clearly stipulated an exception, allowing voting on the milestones of SEP #3 to occur in any sprint. Given the predictable nature of these milestones, the need for streamlining them through designated governance and non-governance sprints is not needed. While this was previously also possible due to the soft launch, the amendment serves to make this clear.
  • As a result of this change, this allows the governance framework to enter into force shortly after the ratification (with a small delay to prepare the kick-off), moving away from the previous dependency on transferability of the Safe token.

You can find all changes reflected in the first two initial posts as edits and also documented with track changes in this Google Doc:

[A remark on the interrelation to the resource allocation framework:
The governance framework does not address or anticipate any connection with the resource allocation framework yet, as this is a distinct SEP, which needs to be voted on seperately. Given that OBRA has governance-related components, it will amend some parts of the governance framework, e.g. add new proposal types for amending strategies or terminating initiatives. As such, the resource allocation framework will serve as an amending act to the governance framework. The detail of these changes will be posted in the respective thread for OBRA as part of the next draft.]

Through these edits, the review period has been extended in accordance with the current governance process. We aim to finalize the governance framework and proceed to a vote after the review period of a minimum of 6 days has ended - provided there are no critical comments on these amendments.

4 Likes