GIP-92: Should Gnosis DAO spin-off karpatkey DAO and deploy the KPK Token?
AI summary of the linked articleGIP-92 is a proposal for GnosisDAO to spin off karpatkey DAO and have karpatkey deploy a KPK governance token, with GnosisDAO receiving a 5% airdrop allocation that would bring its total stake to 7.5% of the fully diluted supply. The author, karpatkey, presents itself as the leading active DAO treasury manager, citing its roles for GnosisDAO, Balancer, dYdX, ENS, and others, along with +7000 DeFi interactions and over $900m in protected treasuries. A later update replaced a proposed $2.5M GNO-KPK swap with a $2.5M USDC investment, and karpatkey said it would spend 10% of its revenue over 12 months buying GNO. A December 2024 update recommended that GnosisDAO defer investment in karpatkey's 1Q 2024 funding round to prioritise Gnosis Chain and Gnosis Pay. |
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