The purpose of this proposal is to put forward Tempus Labs Inc. (“Tempus Labs”) as the service contractor responsible for the day-to-day running of the Tempus DAO.
Why does this matter?
The goal is to put in place the structure and processes necessary to make Tempus a fully Decentralized Autonomous Organization (“DAO”) by the end of 2022. We believe establishing Tempus to be a fully robust DAO, with Tempus DAO token holders playing a more active and involved role, will unlock both Tempus DAO and the Tempus community’s full potential.
This proposal pushes Tempus DAO towards this goal by giving Tempus DAO token holders the power to (1) elect Tempus Labs, and (2) remove Tempus Labs as the service provider, thereby ultimately improving accountability and fostering decentralization.
I would propose Tempus Labs be elected as the service contractor responsible for the day-to-day maintenance of and growth of the Tempus DAO (including the development of new features and products) on behalf of Tempus DAO for an initial 2-year term, starting from the date the Snapshot vote associated with this proposal is successfully passed.
I would propose that Tempus Labs be eligible for re-election as the service contractor after its initial two-year term has expired, subject to securing the requisite support from the Tempus DAO token holders per the existing governance process.
I would also propose that should Tempus DAO token holders at any time wish to remove Tempus Labs as the service provider, they can do so, subject to securing the requisite support from the Tempus DAO token holders per the existing governance process.
For reference, details on the existing governance process can be found here: Tempus - Governance Process.
To make the distinction between the Tempus DAO and Tempus Labs even clearer, I would also like to highlight that:
- Tempus Labs does not intend to take any funding from the Tempus treasury in compensation for performing its duties as the service contractor for the duration of its initial two-year term.
- Tempus Labs promises the Tempus community that it will not collude with or exert any influence whatsoever over Tempus DAO token holders in respect of how they wish to vote on this proposal or, for that matter, any other proposal.
This proposal will be left open for the community to discuss until 3.00pm UTC on Tuesday 19 April. Please indicate using the poll below if you are in favour of this proposal.
If there is support for this proposal, Tempus Labs will launch a Snapshot vote at 5.00pm UTC on Wednesday 20 April for approval.