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Wish for change: Place ongoing spend to Kappa Sigma Mu Society pot under direct governance oversight by exposing the burn and related parameters to OpenGov.

inWish For Change
2 years ago
Timed Out

Please see draft/wip RFC - contents takes precedent over the initial text in this post.

RFC-TBC: Govern the burn

Place stream spending feature utilised by Kappa Sigma Mu Society pot under direct governance oversight by exposing the burn and related parameters to OpenGov.

Technical explaination in the works.

Comments (2)

2 years ago

Opening the Kappa Sigma Mu parameters to OpenGov makes sense to me. I would vote Aye on a Wish-for-change for that. However, adding an additional "Stream" track or specifying specific teams to implement it, though, seems to be over-specifying the solution. I also think "what to do with the pot" and "where this could go" are two additional complications that shouldn't be a part of a single Wish-for-change Referendum. In general, I think Wish-for-change requests should be very focused or the result of an agreement that has already been reached by community consensus. Was there previous discussion on this somewhere else?

2 years ago

Hey @Bill 

Opening the Kappa Sigma Mu parameters to OpenGov makes sense to me. I would vote Aye on a Wish-for-change for that.

"Should we do this Y/N?" is the focused choice for this WFC - will make that clear... however...

The 'Stream track' was thinking ahead to how someone would actually go about proposing a ref to stop the Kappa Sigma payments.

It seems to make sense to combine as phase 1a / 1b functions - what do you think?

Next steps were to draft an RFC w/ Fellowship members and involving community discussion, be great to have your input.


The fate of the 160k KSM is entirely outside of the scope of this WFC as it would be up to the community.

Re: previous discussion about this, yes there was, see comments on the below;

Rethinking the burn - Nov '22

Kappa Sigma Mu the richest collective you’ve never heard of - Aug '23

There is a poll up on the forum post...

image

Following this poll Ref 246 proposed to forcesetbalance the pot to 1000 KSM, we didn't have enough for the decision deposit though.

image

There has also been discussion with members of Kappa Sigma Mu - who may comment here.

2 years ago

What makes you think it's acceptable to force-transfer society's funds? These funds should be controlled solely by the members of Kappa Sigma Mu. Last I checked, it's open for anyone to join and gain voting power within the society. Members are free to write and propose code to enable the society to manage its pot through its own voting/level system. fine if you want to halt the spending burn directed towards the society, but force-transferring funds from other network participants is just plain braindead. how many votes you need to lose to drop this?

2 years ago

@tommi 

Please read the RFC and the response to @saxemberg.

The fate of the society pot is out of scope for this WFC/RFC.

The RFC clearly notes that the society can work to propose changes to the pot.

However afaik there is no intention of giving access to the pot, hence the funds are either locked, or should be burned/repatriated.

To reiterate, that decision is out of scope for the WFC/RFC.

image

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Proposal Failed

Summary

0%

Aye

AyeNay

0%

Nay

Aye (3)0.0 DOT

Support0.0 DOT

Nay (90)0.0 DOT

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