[4.2][Executable] Fund the Endowment (second tranche)

Jumping in here as a Meta-Gov steward to address some of the responses here. For what it’s worth, for every single Tuesday since January of this year (that’s almost 10 months), the topic of the Endowment has come up. These calls are open to literally anyone and everyone, and the minutes are also posted weekly, in a timely manner. I also want to note that Karpatkey has been on every single call, and has answered every single question posed to them.

A simple search in the post would’ve yielded all of the topic addressed here, including but not limited to:

  • Diversifying from Lido - this is something we have talked about for the past 2 months, and we have literally taken action to actively diversify from Lido. So far we have diverted 20% of staked Eth away from Lido, and are actively in the works to divest even further. This has been an item of high priority and has been discussed out in the open, on the public calls and minutes (to other’s point, stewards such as @5pence.eth has been actively pushing this forward). Any Meta-Gov minutes recorded from August and September this year will show that. @superphiz – hope this answers your concerns on Lido centralization. I also echo @nick.eth’s sentiment that sandbagging this proposal instead is not productive due to a point that is actively being worked upon. I also hope you will take the time to read @Coltron.eth’s response (the one above mine).

  • @James / Fire Eyes- want to say that you are entitled to your opinion/ vote, but just want to note that this isn’t ‘aping’ the remaining balance-- the full amount of the Endowment was something that was agreed upon almost a full year ago. Splitting the tranches was also decided upon earlier this year. I just want to set this record straight for anyone else reading this. Again, all of these decisions and discussions are public and recorded in this forum.

In any case, I’m personally disappointed to see the level of deliberate ignorance displayed in some of these responses. Meta-Gov has had all of its discussions with Karpatkey/ Endowment in public, weekly, in open calls. It’s frankly insulting to stewards, people who actually attend, and contributors who spend hours record-keeping to say that any of these details are surprising or kept private. I know DAOs are messy and there’s a lot to keep up with, but imo the stewards have consistently kept an open dialogue on all these points and share these publically.

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