A portion of fees was used to pay IL protection. Isn’t that like a DAO treasury & budget? Make these allocations official and transparent for DAO proposals & voting for fee %, budget allocation and parameter changes. Then extend allocations to new budgets.
I will support a DAO treasury when the time is right. If anything can be done in the meantime to start settings things up then it is a step in the right direction.
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I think at this point it’s useful to discuss a framework with which the DAO could manage a theoretical treasury - IE what it can be used for, voting thresholds, etc. Even if we aren’t moving forward yet, it makes it easier to do so if we already have that out of the way.
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