K.K.I.N.G. DAO
Closed
Passed
EN

White Paper Update regarding transaction fee reserves

Published

9/22/2025, 3:10:04 PM

Closes

9/29/2025, 3:10:00 PM

Votes

41

Voting Type

basic

Quorum

0

Proposal Content

Summary

WP vote required to reflect our ongoing updated processes in regard to transaction fee reserves laid out under the Security & Asset Management section of the WP. The section ref...

WP vote required to reflect our ongoing updated processes in regard to transaction fee reserves laid out under the Security & Asset Management section of the WP.
The section referencing 0.5 ETH reserves in specific gnosis (which is now "SAFE") wallets are now not required on execution, therefore there is no need to hold these funds in multi-sig. These funds will therefore be returned to the DAO fund.

From this
"Transaction fees are a DAO expense. The DAO will maintain a balance of 0.5 ETH in the DAO Fund, Top10 Reward, Reward and Incentivization Bucket Gnosis Safes to cover transaction fees and replenish this amount as it is depleted."

to this

"Transaction fees are a DAO expense, therefore any fees incurred by the DAO Fund, Top10 Reward, Reward and Incentivization Bucket Gnosis Safes will be covered by the DAO.

Voting Results

Passed
ForLeading100.0%

328

Against0.0%

0

Abstain0.0%

0

Total Votes

41

Total Score

328

Source Links

Original Proposal
White Paper Update regarding transaction fee reserves | UnderTide