KIPX: Sophons & Multisig Signers Nominations Thread

NewDAO
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Update: revised to reflect election parameters discussed at the April 4 Governance Workshop. For more detail, see comment.
Update : Voting is live on Snapshot for both roles as of 6:45PM ET on 4/6, and will be live for 48 hours
Update: Voting is complete. See comment below for more details.

Background

This forum thread is intended for people who want to self-nominate as sophon and/or multisig signer for the new Incubator DAO.

These details will be collected and provided to voters in a Snapshot proposal for the special election. Nominations remain open until 12:00pm EDT on April 6th. The special elections - one for each set of positions - will be held shortly after nominations close on April 6th, and will run for 48 hours.

The special election will use Approval Voting. Users had the opportunity to familiarise themselves with the process of Approval Voting by participating in the following Test Snapshot:
Snapshot.

Reminder: current DAO contributors can’t be sophons or multisig signers of Incubator DAO.

Anybody who would like to nominate themselves, please post a message in this thread, and include :

  1. Your Ethereum address
  2. The role(s) you are interested in (sophon and/or multisig signer)
  3. A brief explanation of why voters should choose you, and what you would like to see the Incubator DAO accomplish

Candidates:

Name Ethereum Address Role(s) Link
Wismerhill 0xb85c8c3fb16fc1938ea8c668fb92f3ffe7116622 S + MS KIPX: Sophons & Multisig Signers Nominations Thread - #2 by Wismerhill
Cmande3 0xF421D3d02B1d77486d214BF82273E11ecFedeF48 S + MS KIPX: Sophons & Multisig Signers Nominations Thread - #3 by Cmande3
Adonai 0x0CFBac656cd6624b70E32d446f897B03cF6bedA0 S + MS KIPX: Sophons & Multisig Signers Nominations Thread - #4 by Adonai
Idoos 0x4B96B541C1B7567157FB7B278bdE2A8acE8E9FdF S + MS KIPX: Sophons & Multisig Signers Nominations Thread - #5 by ldoos
rhizobtc 0x10de7A36d19154c8a270bE6be891AF6BA6A04369 S KIPX: Sophons & Multisig Signers Nominations Thread - #7 by rhizobtc
AboveAverageJoe 0x23dB246031fd6F4e81B0814E9C1DC0901a18Da2D S + MS KIPX: Sophons & Multisig Signers Nominations Thread - #8 by AboveAverageJoe
logic 0x680cfea894cd0bd8491c348795fa791f7386d235 S + MS KIPX: Sophons & Multisig Signers Nominations Thread - #16 by logic
LiviuC 0xE2cB22b6a46Aa1af43FfB71C98be7D891f77BE65 MS KIPX: Sophons & Multisig Signers Nominations Thread - #17 by LiviuC
0xMitch 0xd47C7dbF30bd1FEF709D6AbC4Ae6568b89F6bc14 S + MS KIPX: Sophons & Multisig Signers Nominations Thread - #18 by 0xMitch
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  1. 0xb85c8c3fb16fc1938ea8c668fb92f3ffe7116622
  2. Sophon and multisig signer
  3. If I am elected sophon and multisig signer, my first order of business will be to review positively and put KIPX: Implement the rage quit process at Incubator DAO to token holder vote.
3 Likes
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  1. 0xF421D3d02B1d77486d214BF82273E11ecFedeF48
  2. Sophon and Multisig Signer
  3. If I do end up being elected sophon and multisig signer - My first task will be to review and put KIPX Draft: Implement the rage quit process at Incubator DAO to a token holder vote.
3 Likes
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  1. 0x0CFBac656cd6624b70E32d446f897B03cF6bedA0
  2. Sophon and Multisig signer
  3. If I am elected as a sophon and multisisg signer, my first order of business will be to protect the interests of token holders and the rights of the DAO (First task will be to review KIPX: Implement the rage quit process) and put it to a DAO vote.
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  1. 0x4B96B541C1B7567157FB7B278bdE2A8acE8E9FdF
  2. Sophon and multisig signer
  3. I am a long time ROOK holder disappointed with the team’s progress over the years.
    If I am elected sophon and multisig signer, my first order of business will be to review positively and put KIPX: Implement the rage quit process at Incubator DAO to token holder vote.
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I see this proposal was just revised to include a starting date of tomorrow, the 4th for voting. That doesn’t seem like sufficient time for nominations given that this thread just went on the forum a couple of hours ago.

There are ways we can still get to the proposal’s original idea of a vote this week while also giving the community time to weigh in as we usually do. We can move governance workshop up a day to tomorrow, Tuesday afternoon at 3ET to discuss these nominations and the proposed election parameters, and can also poll the community to see what their preference is for a start date. Those strike me as minimum criteria for a viable vote.

UPDATE: To be clear, I have no opinion or comments on the nominations or the proposal itself - I’ve posted here because this vote is happening in the context of Rook’s existing governance, where I’m focused on the process. My recommendations are around fitting whatever happens with this proposal into that process where possible.

UPDATE 2: I think the revision above makes sense in terms of proposing a start time on Wednesday. We’ll move Gov Workshop up as discussed and get this announced in Discord so the community has some notice and ability to comment.

1 Like
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  1. 0x10de7A36d19154c8a270bE6be891AF6BA6A04369
  2. Sophon
  3. As a sophon I would establish a contractor working relationship with the Rook Core Team. The incubator would prioritize marketing and product development aiming to increase awareness and expand product offerings surrounding core infrastructure.
3 Likes
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1: 0x23dB246031fd6F4e81B0814E9C1DC0901a18Da2D
2: The role(s) you are interested in- sophon and multisig signer, but will serve in any capacity required to fill a roster gap if necessary.
3: We could be leveraging our liquidity in bearish conditions to pick up undervalued projects as investments/diversifications to the portfolio.
I’m a big fan of actually using DeFi, and wouldn’t mind bankrolling a staking node array
I also wouldn’t mind investing a little into moonshot tech advances like fusion reactor systems (legal entity dependent)
Dropping a little capital into DAOs that have social capital that can be effectively leveraged like bankless could pay off in terms of promoting the other areas where we’ve invested too.
I am against a raw dissolution, and would represent it as such. However, if the community strongly signals for a ragequit function, I would support one as long as it gave a 25%± opt out tax from the burned to redeemed value. Those willing to remain in the community and continue to apply their efforts to strengthening the incubator will be incentivized through this mechanism, and yet redemptions will still be profitable below a treasury denominated floor price, which should still keep the RFV crowd happy (especially as others ragequitting could lead to increased NAV for those with more conviction)

To state my position on the DAO mission in a sentence until it is better figured out as a community:
“Our first mission as a DAO is to reacquire 100% of the native asset supply”

As a final note, in order to remain in accordance with the above reminder: in the event of my election, I would step down from any role deemed a conflict of interest in order to meet the current DAO contributors exclusion.
I am strongly aligned with the community, and wish to continue in that capacity. I appreciate the support of those who are aligned with me, and look forward to discovering what we can do together.
At the end of the day, I am a steward first, and will put personal emotions aside when making choices on behalf of the Incubator DAO in order to accurately enforce the will of it’s people.

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Given the amount of funds that the ragequit DAO is likely to receive, to safeguard the tokenholders from sybil attacks and/or misuse or theft of funds it seems logical that multisig signers and sophons should KYC with a trusted third party. This is an industry-wide best practice as far as I’m aware.

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I think there are sufficient controls with 1/ the fact that the multi-sig requires at least several signatures, 2/ wallets are all linked to CEX KYCs and 3/ every candidate here is a long-term member of the community and expressed willingness to contribute in good faith to the new DAO.

As much as I’d like this to be common practice, as DeFi users, we all know that the unclear regulatory landscape, as well as horror stories about KYCs getting out in the wild, are reasonable concerns to not force users to KYC to third party if there is sufficient control in place to safe-keep funds.

As a sophon and multi-sig signer, I would require all sophons and multi-sig signers to KYC only if I had doubts about their intentions and felt they could be a threat to the DAO. Ultimately, this decision should be taken by elected sophons and multi-sig signers collectively, as they share liability together.

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Multiple candidates joined the rook discord less than 6 months ago (including yourself). It’s not what I would call a long-term member… You all will take on a lot of responsibility. It’s reasonable to ask for safeguards.

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I find it particularly disingenuous to see a team member and a sophon coming here and commenting on the validity and trustability of people who have to put themselves out here to do what is right for ROOK tokenholders.

I’m sorry but we wouldn’t need to start KYCing, supporting risks and liabilities of being sophons / signers of Incubator DAO if you all had done your job in the first place. I’ll be happy to satisfy the requirements necessary to bring enough trust so that the current team doesn’t chime in and try to frighten legitimate candidates.

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I can’t help but feel like this is a vindictive action by the team after being doxxed publicly via legal…

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Just add to your individual application if you’re willing to dox. That way we dont force people but those who are willing would indicate it.

Individual voters can then determine what they value most in a Sophon/MS

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UPDATE: Based on discussion with the candidates in today’s (2023-04-04) Governance Workshop, the parameters for this proposal have been updated as follows:

  1. The nomination period remains open through noon ET on Thursday, April 6th, and will be announced on Discord
  2. The election period will be 48 hours rather than 24
  3. There will be two elections run via Rook DAO’s snapshot using multi-choice approval voting. One election will be for Sophons, and one will be for multisig signers. The community will determine how to interpret the results of these votes in terms of overlap between members in the two roles.
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  1. 0x680cfea894cd0bd8491c348795fa791f7386d235
  2. Sophon and multisig signer
  3. If I am elected as a sophon and/or multisisg signer, my first order of business will be to protect the interests of token holders and the rights of the DAO (First task will be to review KIPX: Implement the rage quit process) and put it to a DAO vote. Same as Adonai. My self-submission is entirely to ensure there are enough pro-KIPX candidates available.
1 Like
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  1. 0xE2cB22b6a46Aa1af43FfB71C98be7D891f77BE65
  2. multisig signer
  3. I have not been that long in the rook community, but joining the calls in the last several months I know there are great people in this community and for sure we can bring the vibes back and build something that people will enjoy being apart of. I have been involved in the past years in several DAOs, one that i’m passionate about is banklessdao - i’m a temp admin there and i’m one of the signer for multiple safes. If people will vote for me, I promise that I will be impartial, fair and will always double check the validity of every transaction that will be signed. Thank you!
2 Likes
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Wallet: 0xd47C7dbF30bd1FEF709D6AbC4Ae6568b89F6bc14

Role(s) I am interested in: Sophon and or Multisig Signer

Hello fellow ROOK community members, my name is Mitchell and I would like to nominate myself as a candidate for the positions of Sophon and Multisig Signer.

I have joined the community for various governance and treasury calls in the discord over the past year now, but have held no positions in the ROOK DAO.

I have been a part of the Integral core team for over a year, serving as a community manager and business developer for the project. During my time with the team, I have forged strong friendships and connections within the DeFi ecosystem that I believe would be of benefit to the DAO.

First Actions: If elected as a Sophon and Multisig Signer, my first order of business would be to prioritize the interests and rights of the token holders and the DAO. I will thoroughly review KIPX: Implement the rage quit process and, if deemed appropriate, put it forward for a DAO vote. I believe in establishing transparency and trust within the community, which are essential for the successful functioning of our DAO.

Additional Priorities:

  • Strengthening collaboration and communication within the community and fostering a sense of shared purpose.
  • Identifying innovative projects for potential partnerships/collaborations while maintaining a focus on core infrastructure and technology.
  • Exploring new opportunities for products and infrastructure in the MEV ecosystem that align with the interests of token holders.
  • Focus on value capture for token holders: Ensure that governance token holders can capture value from the project’s treasury and other revenue streams.

KYC and Integrity: While I understand the concerns around KYC and the need for safeguarding the DAO, I believe that as long as we maintain a strong system of controls and accountability, we can establish trust without compromising individual privacy. If deemed necessary by the community or if there are concerns about my intentions, I would be open to discussing potential KYC measures.

Final Thoughts: I am deeply committed to working collaboratively with the community to ensure the long-term success of our DAO. If elected, I will serve with integrity, dedication, and a strong focus on the best interests of our community. My experience as a community manager and business developer, coupled with my passion for MEV, positions me well to contribute effectively in these roles.

Thank you for considering my nomination, and I look forward to the opportunity to contribute to the bright future of our DAO.

1 Like
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UPDATE: Per the community’s decision, nominations for these roles are now closed.

We can post a Snapshot vote for each of these roles as discussed, and just need to settle on:

  1. What you’d like for the text of the vote. I put together a text version in markdown for your review here (this is just for the Sophons, so there would be a parallel one for the multisig election).
  1. When do you want these votes to start?
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  1. Looks good to me as long as the voting choices are clear with the Discord tags

  2. was under the impression that these would start today at 12 ET so ASAP