⚙️ News from the DAO Team

Hello @sebga it is % engagement (voters / members). So in the case of ENS: 89039 voters/140K members = 64%.

Happy new year everybody!

Hello, @Cyril I was going to ask you where the 89039 (ENS) are in the table, I don’t understand the calculation but whatever, it’s not really essential.

Thank you, Happy new year to you too :muscle::four_leaf_clover: :rocket:

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I was gonna ask the same thing @sebga & @Cyril . TSB’s DAObase.ai page shows 209K token holders and 2.6K voters.

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Hello @sebga and @Lanzer: Members are taken directly from Snapshot. Voters from DAOBase.

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GM all!

First off a happy new year to everybody! Then a quick update to get us back in the rhythm:

Some additionnal detail on the immediate priorities:

  • Working on the SIP for the 2025 budget breakdown: There will be one per year, along with our Sandbox donation. I’ll come up with some proposal for simplified (less) categories, and hopefully we will start a good conversation. I would love to get the community feedback on this! With better categories, we will to streamline the SIP process even more. We will create a thread on the forum soon! :eyes:
  • The SLA is a contract between the DAO and TSB for various services, like back-end support, Art, etc and enable us to interact with the various department of TSB. It’s currently on TSB CEO’s desk for signature. It will be 10 kUSD per month
  • I also want to host a “not a board” meeting with the council (remember: they don’t own any executive power) to present with a retrospective of the year (what worked, what did not etc, as well as brainstorm the mission of the DAO alongside the other current priorities for TSB)

And last but not least, 2 other hot topics:

  • We have one live SIP open for voting untill wednesday that require everybody’s vote: SIP-18: Finance 15 Episodes of The SANDDAO Podcast
  • And also Yobike (the author of SIP 4: Supporting Red Cross) is being liquidated. We are discussing with the DAO lawyers the best course of action. We don’t want our milestone payments to be liquidated too as it is suppose to be used in the price pools!

I wish you all a great start of the week!

Cheers
Cyril

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Hey @Cyril I have 2 questions regarding this. There’s been questions brought up as to whether Yobike will be paying out for its Red Cross event, would you have an answer to that? Nobody knows what exactly is going on.

2nd thing, Yobike managed to launch SIP-18, with a Neutral recommendation from SC, all while being in liquidation. Why are they allowed to launch that SIP and why was the SC recommendation Neutral instead of Negative knowing that the company is closing?

It’ll look pretty bad on the DAO if we had approved that SIP knowing that the company is closing.

Thanks!

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Hello Cyril, Happy new year to you as well :slight_smile:

Thanks for the update, a few questions please:

My first time reading about the SLA, my bad… will there be an SIP for the SLA contract for more info as well as the budget ?

I believe the UGC website proposal is delayed, could you share the latest status update on it ?
Personally, I feel it may not be ready for a vote just yet.

I share the same concerns and thoughts as the @DAO regarding the Yobike situation. In addition to his questions, would it be possible to compile some form of lessons learned, data or if possible a summary of the final investigation? I think this could really help us with the SIP selection process and voting.
I think we dodged a bullet by not approving SIP-18! :sweat_smile:

Cheers!

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Hello @DAO and @DrMetaverso !

About Yobike: for the price pool that have been given so far, they are all on a wallet managed by Yobike. The agreement we have with them is that the reward will start to be distributed to the winners, after the end of the last event, the 3rd of Feb. This was designed like this to allow for a maximum of people the ability to purchase the NFTs.

TSB account manager is meeting the CEO this week, and we have contacted Yobike on the DAO side too, to get some confirmation in writting on how the situation is going to be handled on their end.

Here is some info about the wallet (you can clearly see our payments)

About the SIP-18, we have been made aware of the situation after the fact, and TSB was not aware neither. As a mather of fact this has been brought to our attention by a fellow community member @KCL (shout out to him! :muscle:).

Yobike having passed the KYB a couple of months prior, we did not bother to check again. Something to keep in mind for the future.

re the SLA with Sandbox, this is not a SIP, this is a service provider contract, out of the operation budget. We have other contract of the same nature to maitain the front end of the DAO website for example. The benefit of having a service agreement with the Sandbox directly is speed of execution, knowledge of the context, the asset, etc etc. It’s a no brainer!

cheers

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OUCH! Way to call me out :joy: :smiley:

Just kidding with ya. Good update, thanks Cyril

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