Daily Digest
Balancer DAO is voting to burn 10M BEETS tokens held in its treasury, with the proposal ending in 3 days. Meanwhile, ENS seeks funding for its Meta-Governance Working Group (ending in 2 days), and Injective is voting to enable EVM mapping for seven tokens (also ending in 2 days).
Protocols in this digest
Items
15
Protocols
5
Closing soon
5
Next 3 days
Alpha takeaways
Treasury management dominates governance activity, with protocols prioritizing consolidation, wind-downs, and funding allocations amidst broader ecosystem uncertainty.
Across Balancer, ENS, Injective, and Gitcoin, treasury-related governance items account for 10 of 15 proposals, signaling a focus on optimizing resource allocation and reducing operational overhead. Balancer's proposals to burn BEETS and claim AAVE rewards highlight a trend toward simplifying treasury positions, while ENS's Meta-Governance Working Group funding request underscores the importance of sustaining core governance functions. Injective's EVM mapping initiative and Gitcoin's closed funding proposals reflect efforts to enhance interoperability and streamline budgeting processes. Collectively, these actions suggest a cautious approach to resource management in a volatile market.
Highlights
Closing in 3 days - Category: treasury
Closing in 2 days - Category: risk
All items
The following specifications are for Ethereum, since that is the only chain that requires governance approval for these actions. On all other chains, the core team will perform the analogous actions from their multisig. # Pause Pools ## V2 * asap (DAO multisig): atomically grant itself the permissions, and then disable all official Balancer v2 pool factories that support disabling: | Deployment | Contract | Address |...
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Closing in 2 days - Category: partnerships
TL;DR The DAO multisig still has approximately 9.3061 AAVE available to claim from its former stkAAVE position. These rewards appear to have remained unclaimed when the position was unstaked during the Treasury Council migration. This proposal claims the AAVE and sends it directly to the managed Treasury Safe. ## Technical Specifications The DAO multisig will call claimRewards(address,uint256) on the stkAAVE contract, claiming 9.306104517152944285 AAVE directly to the managed Treasury...