[Ideation SCP170 v2] Treasury Management and Diversification Committee (TMDC) Mandate Update & Rename into DAO Finance Committee (DFC)

[jonisjon]

@profMcC_shapeshiftde

The new mandate includes explicit management of discounts/fees/promotion details from previous and future governance proposals, management of all grants & non-FOX token revenue to any of the DAO’s wallets on any chain, and increases the oversight of token allocation from 180M FOX to encompass all grants & non-FOX token revenue.

So I have some concerns with how broad this is. “previous and future governance proposals” → anything that was previous already defeated to the TMDC specifically already exists (so shouldn’t require any update), I don’t think you can encompass all “future” proposals as we don’t know what they say yet. Future proposals should delegate to the TMDC/DFC specifically in those future proposals no?

" management of all grants & non-FOX token revenue to any of the DAO’s wallets on any chain" → I think I understand the spirit of this but the language seems too broad IMO. It shouldn’t be within the TMDC/DFC’s mandate to do whatever they want with “all grants and non-fox revenue” they should only manage that within the parameters and purposes of what has been delegated to them, so I think this could use some more specific and limiting language.

Also on the idea of the 180m FOX → could we get an accounting of where this currently sits? With the current treasury sitting above 200M FOX I think we should consider whether this mandate should actually be lowered if there is still ample room, not sure the TMDC/DFC needs mandate over 180 M fox today to be honest.

@profMcC_shapeshiftde

Proposal Details:

Small nitpick but i think this should be the specification section not “proposal details”.

@profMcC_shapeshiftde

Mandate Expansion and Renaming: The TMDC will be rebranded as the DAO Finance Committee (DFC), with an extended mandate to oversee a broader array of financial responsibilities. This includes:

• Management of discount fee parameters from governance proposals.
• Oversight of all grants and non-FOX token revenues across all DAO wallets and chains.

So management of discount fee params is already assigned via SCP-153 I believe, is this even needing to be included in this mandate update?

In regards to “oversight of all grants and non-FOX token revenues” this again seems overly broad to me. What does that oversight entail? What can the TMDC/DFC do or not do with this? If the idea is to have no limits then I think that is problematic, if there are limits then they should be delineated specifically IMO.

@profMcC_shapeshiftde

Policy Adjustments: Introducing policies for proposing votes of no confidence within the DFC to maintain accountability and integrity among members. Removal of a DFC member requires unanimous consent from all other members, ensuring fairness and collective agreement.

I think I agree with @Fireb0mb1 here and I don’t see the point of adding this. Ultimately governance is the one who decides who is on the commitee and governance should be the one to decide if someone needs to be removed (outside of them stepping down etc of course). I’m not sure we need extra process here at all, right now those same TMDC/DFC members can simply put up a governance proposal to remove someone from the committee and I think that may be best kept that way?