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- YIP-59: Temporarily extend Multisig empowerment
- Encourage moderators to organise their own governance independent of project leadership.
Abstract:
If adopted, this proposal seeks to extend the existing Multisig empowerment as was established by YIP-41[1] for another three months until May 24 2021. This is done in order for a currently in-progress governance architecture proposal to mature further, and ultimately have longer time to be discussed in the community, prior to it being proposed.
Rationale:
The existing mandate expires on February 24 2021. As is stated in YIP-41, the Multisig was empowered for rapid decision making until the protocol transitioned to a "multi-DAO structure". A plan to decentralize power away from the Multisig, led by @tracheopteryx, is in-progress of being finalized. It has been delayed due to recent Governance activities.
The three month extension would be used to introduce the proposal to the wider community, iterate on it further to incorporate feedback, without being rushed by the somewhat arbitrary deadline that the mandate expiration sets.
References:
http://yips.yearn.finance/YIPS/yip-41
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