The Goldfinch community aims to further improve operational efficiency and to increase the speed of Governance procedures by introducing a Community Management multisig into the Goldfinch Council multisig
Goldfinch documentation specifies that The Goldfinch Council has been set up to execute limited types of on-chain transactions based on the community Snapshot votes. The Goldfinch Council is a 6-of-10 multisig with 10 members who represent all stakeholders of the protocol.
Goldfinch Governance Guide V1 also defines that The Governance Council should conduct a soft vote within 24 hours of a proposal being approved on the snapshot. At the same time if the council needs more time, a member of the Governance Council should submit a comment on the proposal with expected timelines for a response.
However in practice members of the Governance Council sometimes don’t manage to conduct a soft vote in due time because of other commitments which are caused by a quick development of the Protocol.
To avoid large time gaps between different steps of governance process and to let community know about the progress of a soft vote conducted by The Governance Council we propose to introduce a Community Management multisig into the Goldfinch Council multisig
Specification & Requirements:
Currently Community Management multisig has 4 members: @RP2743 , @parallacs , @poy , @ted - a combination of Goldfinch Community Managers and Warbler Labs employees. Every transaction requires interaction from at least 3 members of the multisig to be signed and approved. This mechanism provides a high level of security in case of hacks or scam attacks on a member of the multisig.
The Goldfinch Community will increase the speed of the decision making process and become better informed regarding the progress of a soft vote
We see no downside in further improving Goldfinch operational efficiency
“YES” means introducing a Community Management multisig into the Goldfinch Council multisig.
“NO” means do nothing