The controlling principal of the 8-year neuron (referred to in the screenshot of this post ) will either be a canister adapted from the treasury canister within the Personal DAO codebase or a better alternative if I conclude one exists. The neuron management canister will be controlled by the SNS DAO (and thereby $DAO Token holders).
the neruon management canister will include all the capabilities needed in order for the $DAO token holders to decide democratically among token holders. The neuron’s followees and hotkeys will be up to the consensus of the $DAO token neuron holders.
The default infrastructure under consideration for achieving this is the Personal DAO Treasury Canister which has already been built and implemented within the Personal DAO protocol. I also see @dfxjesse is also offering some infrastructure which may be appropriate. I am open to investigating and considering both infrastructures before concluding which may be better adapted to working with SNS DAOs.
Again, this infrastructure is to be placed under the control of the SNS DAO as I have mentioned previously. Before this infrastructure is placed under the control of the SNS DAO, and before staking any value within this neuron, there needs to be an iterative process of testing under conditions that cannot be simulated within the context of the SNS testflight due to the reduced robustness of testflight capabilities. During this process, coordination amongst the Personal DAO community will be required to ensure everything works before we move any of the treasury’s value within the DAO controlled neuron. The Personal DAO SNS (and the community) will therefore be required to facilitate the coordination necessary for implementation.
Upon completion and thorough testing of the DAO controlled neuron management canister, the Personal DAO SNS will be made the sole controller of the neuron manage canister. and then, via proposals submitted to the SNS DAO, the treasury funds can be sent to the neuron management canister and staked.
The SNS DAO plays a critical role throughout this process as it requires further development and testing that requires features present within the live SNS DAO infrastructure that isn’t present in the SNS testflight infrastructure.
At no point during this process do I take custody of the funds allocated for the SNS treasury. The SNS DAO preserves full custody of the Treasury’s allocation from start to finish.
- The community has the ability to conduct all the oversight they need to at every step of the way.
- The community acts as a check and balance via their voting power over the SNS DAO at every step of the way.
- The live SNS DAO environment is required for the next phase of development