[12] Start the Foundation Org

abbey · March 30, 2023, 4:50pm

The Start the Foundation Org on-chain proposal is now live for voting. To vote, head to the proposal on Boardroom. Voting ends at on April 2nd, 2023 at 6:34 AM GMT+2.

UPDATE: The resubmission for the Start the Foundation Org on-chain proposal is live for voting. To vote, head to the proposal on Boardroom . Voting ends at on Thursday, April 6th 2023 at 12:46am GMT.

For help with delegation and voting, please refer to the governance docs.

Snapshot Poll

Forum Discussions

Proposal Code

github.com

radicle-foundation/radworks-governance/blob/main/proposals/start_foundation_org.proposal

# 12 - Start the Foundation Org

If executed, this proposal will:

1. Transfer 3,660,993 USDC from the Radicle Treasury to a multi-sig controlled by the Foundation Org to support the 2023 work of the Operations, Marketing, and Governance Committee, as well as Foundation administration.

**How was this proposal discussed?**
Please see discussions here:
* Temperature Check: https://radicle.community/t/temperature-check-start-the-foundation-org/3272
* Discussion: https://radicle.community/t/discussion-start-the-foundation-org/3278
* Formal Review: https://radicle.community/t/formal-review-start-the-foundation-org/3280
* Snapshot Poll: https://snapshot.org/#/gov.radicle.eth/proposal/0x23fc3572c0ae8e6e50850f3ba33e634d64a248ebbb9b88c3082f8bc9b01dfbed

## Notes
* `0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48` is the USDC contract (https://etherscan.io/token/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48).
* `0x8da8f82d2bbdd896822de723f55d6edf416130ba` is the Radicle Treasury address.
* `0x85C6CeEeb8E1A2E49D23cE8b9E0e59413FDb8bbB` is the Foundation Council USDC Multisig (Radicle Core Team Budgets)


## ACTIONS ##

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shelb_ee · April 3, 2023, 9:46am

Governance Proposal Result

The Start the Foundation Org proposal received a majority of in favor votes, but it did not meet the minimum participation threshold (4%) necessary to move forward. This proposal will be resubmitted this week for another vote.

See final results here: Boardroom

shelb_ee · April 3, 2023, 12:15pm

New On-chain Proposal Link

The resubmission for the Start the Foundation Org on-chain proposal is live for voting. To vote, head to the proposal on Boardroom . Voting ends at on Thursday, April 6th 2023 at 12:46am GMT.

For help with delegation and voting, please refer to the governance docs.

shelb_ee · April 6, 2023, 8:58am

Governance Proposal Result @everyone

The Start the Foundation Org proposal PASSED on-chain submission with 4.9M RAD voting in support of the proposal.

See final results here: Boardroom