The goal of this post is to gauge the community’s feelings towards implementing a treasury- like construct accessible through governance.
Two additional considerations are: do we want to siphon some revenue from vault fees to fund the treasury. And would we want the foundation’s participation, either through partially funding the treasury, or some hybrid control multisig situation? Those discussion would come next if the community wanted to pursue a treasury.
The impetus for the poll comes from this thread: https://forum.makerdao.com/t/makerdao-needs-a-treasury-to-provide-compensation-to-its-workers-post-foundation-focus-on-workers-for-now/1091/11
While the contents of the post focus on worker management and some questions around that, a fundamental part of employing people is budget. Currently the DAO has no “treasury” with available funds to employ someone. The foundation employs or funds the vast majority of people/groups that work on the protocol or related tools. The DAO does however, have revenue from vault fees which goes towards DSR + MKR burn.
Again In short, does the community agree with pursuing the creation of a “treasury” used by the DAO?
- Other (explain below)
Update: So far the consensus in the comments seems to agree with the idea of a treasury. Mkr holders already voted on paying oracle fees from the stability fee according to @LongForWisdom (I dont remember in which vote but i’ll trust him on that), so handling those would be a good place for a treasury to start.
In general there is still much debate remaining on how the treasury would be funded/structured and if we want someone to run it. Also the technical smart contract questions remain. Ill leave this thread open until someone tell me to close it