Also, taking a weekly performance fee should be removed, 1 month minimum, ideally a quarter.
CC: @katherine.eth’s comments in metagov agenda
EDIT: To be clear, i’m a proponent of a endowment and thing this is a good idea - It just needs to be laid out in a way that makes sense to the DAO and the DAO treasury.
Also note: The previous vote explicitly outlined:
“Following the conclusion of the vote, the Meta-Governance Stewards will work with the winning team to develop an initial treasury allocation strategy, resulting in a separate executable proposal to enact the initial setup of the endowment.”
The worlds ‘Develop’ and ‘enact the initial setup of the endowment’ to me very clearly state that the previous vote didn’t lock this proposal in stone.