This page reproduces proposal text and published results preserved from Snapshot. It reflects the archive capture below.
Archive capture completed:
Published voting information
State at capture
closed
Voting type
basic
Created
2023-12-06 22:46:37 UTC
Voting opened
2023-12-06 22:46:36 UTC
Voting closed
2023-12-20 22:46:36 UTC
Snapshot block
18730332
Participation score
11832.647708625505
Published quorum
7432.3182
Quorum type
default
Recorded ballots
249
Published choice scores
Choice
Score
For
9580.66925578224
Against
161.98296685090966
Abstain
2089.995485992358
Preserved proposal text
Original text, including Markdown notation. Linked content is not reproduced here.
RPIP-33 specifies an on-chain replacement for the pDAO governance system's execution process. It uses an optimistic
fraud-proof system that allows any node operator to raise proposals and vote on proposals to adjust "pDAO protocol
parameters" and spend treasury funds.
### Outcome if vote passes
RPIP-33 will be implemented in a future smart contract release
Once implemented, it will allow the pDAO to control protocol parameters and spend treasury funds.
### Rationale
The pDAO has two primary powers within Rocket Pool. The first is having control over certain parameters which define how
the protocol operates. e.g. Enabling or disabling deposits or setting the rate of inflation. The second role is spending
treasury funds; A portion of RPL inflation is sent to a contract which the pDAO has the power to spend.
Currently, the core team is responsible for executing pDAO duties at the behest of the community governance process. For
example, the team carries out the monthly IMC and GMC payments as per the governance voted payment schedules. The plan
was for this power to reside with the team temporarily until a new power structure is set up to take over these
responsibilities.
The motivation for this proposal is to remove the dependency on the team, making the protocol more decentralised and
trustless.
### Context
[Full RPIP](https://rpips.rocketpool.net/RPIPs/RPIP-33)
[Forum thread](https://dao.rocketpool.net/t/on-chain-pdao-replacement/1998)