Recently we proposed to the community to raise the acceptance thresholds for some proposals, treasury transfers being one of these - see the forum thread here. It’s been under development but unfortunately it’s taking longer than expected. My current estimate for creating the upgrade proposals that implement these changes is Nov 2023.
In parallel, we’ve discussed internally some other measures that we can take to make SNS DAOs more rug pull resistant. Some of these are:
- Disabling following for treasury proposals
- Limiting the amounts that can be withdrawn for a period of time
Our plan is to do some more investigation on the topic in the upcoming weeks, come up with more ideas, and then have a community discussion before implementing anything. I’d like to thank IC_Maximillion for starting the thread that captures ideas. I’d love to hear more ideas on the subject.
So far I’ve talked about technical solutions which are the building blocks of the SNS DAOs. However, as important as they are, they can’t solve all problems. Ultimately, the SNS DAOs are a type of social construct and as such rely on the interactions of individuals. For an SNS DAO to be healthy and successful, it should have an engaged community that is in constant contact with the DAO contributors (aka the dev team) and which applies social pressure to them.