Hire a development house to take the necessary steps to bring SHU to Base and deploy a Safe on Base
AI summary
This proposal asks the Shutter DAO to hire a development team to make its governance token, SHU, available on the Base blockchain, which is a fast-growing Ethereum Layer 2 network. This involves creating a SHU token contract on Base, listing it on the Base bridge, and setting up a secure multi-signature wallet (Safe) on Base that the Shutter DAO can control from the Ethereum Mainnet. The goal is to make SHU more accessible and reduce transaction costs for users and network operators.
If passed, SHU token holders will be able to trade and use their tokens on the Base network with lower transaction fees. The DAO's treasury will incur a cost for hiring the development house, with Blockful being the preferred choice due to their existing relationship and experience. The exact financial impact is not specified in the proposal body, but a quotation from Blockful is referenced.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Rationale
SHU is the governance token of Shutter DAO 0x36. It is native to Ethereum Mainnet and it can be bridged to OP Mainnet and Gnosis Chain.
Base is an Ethereum L2 and part of the Optimism Superchain. It is currently the second-largest Ethereum L2 by total value locked (TVL) and the fastest-growing Ethereum L2 in 2024. It also has a large DEX trading volume, including many altcoins. See [Base on L2 Beat] (https://l2beat.com/scaling/projects/base) for details.
Bringing SHU to Base will allow more people to purchase SHU at a lower cost and participate in Shutter DAO 0x36 governance. S…