CIP-62: Core Treasury team mandate and funding (Snapshot)
Summary:
This CIP proposes allocating 80 million COW tokens to the Core Treasury team so they can fund liquidity provisioning, economic opportunities, and key development over the next four years. It aims to strengthen CoW DAO’s long-term prospects by consolidating multiple mandates and ensuring sufficient resources for continued innovation.
Vote: For
Rationale:
Properly pursuing investment returns is essential for CoW DAO’s long-term sustainability, and allocating these resources to the Core Treasury team aligns with that objective. We trust karpatkey’s proven track record to responsibly manage the treasury and drive meaningful value back to the DAO.
CIP-63: Renewing the CoW Grants Program (Snapshot)
Summary:
This CIP proposes extending the CoW Grants Program with enhanced financial planning and governance mechanisms. It introduces new funding allocations and discretionary bonuses while ensuring that ongoing grants are honored, fostering sustainable ecosystem development.
Vote: For
Rationale:
We voted in favor of this proposal as we agree with the direction of establishing a structured framework to support grant delivery and ensuring appropriate compensation for those efforts. However, we believe there are significant areas for improvement in the reward structure and role distribution, as we outlined in our comment. Given our experience in grant operations at Tané, we are eager to actively contribute to this area, including potential participation in the committee.