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Aladdin DAO · closed proposal

[Curve] Ownership DAO Vote ID: 1433

0x3538…1a92·ended 1mo ago·MEDIUM RISK
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AI summary

This proposal seeks to transfer 100,000 OP tokens, currently held in the Curve DAO Vault on Optimism, to a multisig wallet controlled by SwissStake. The purpose of this transfer is to provide initial funding for the upcoming Llamalend v2 markets. The rationale for this move is detailed in a linked discussion on the Curve governance forum.

Impact

If passed, 100,000 OP tokens (worth approximately $170,000 at current market prices) will be moved from the Curve DAO's direct control to a third-party multisig for the development of Llamalend v2. This benefits the Llamalend project by providing startup capital, but transfers control of these assets away from the Curve DAO.

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Voting results

yes0 (0.0%)
no0 (0.0%)
0 ALD · 0 votersblock 25282225

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Full proposal

Original markdown · Aladdin DAO

Quorum: 10% veCLEV

[Optimism] Transfer the full OP balance (100,000 OP) from the Curve DAO Vault to a SwissStake-controlled multisig (0xc82a6B91a31Ef5E1e189A68A119dC6A767C56DD1) to bootstrap the upcoming Llamalend v2 markets. Rationale: https://gov.curve.finance/t/claim-100k-op-grant-to-dao-controlled-vault-on-optimism/10980

Action 1

To: Unknown 0x8e1e5001C7B8920196c7E3EdF2BCf47B2B6153ff (https://etherscan.io/address/0x8e1e5001C7B8920196c7E3EdF2BCf47B2B6153ff) Calldata: 0xbe94553e00000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000…

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