Welcome to the latest Governance Newsletter #73! We have two active proposals and two ideation posts, as well as several new and old forum posts—all available in full length via our Snapshot and the ShapeShift forum. To stay up-to-date with the governance, please subscribe to the ShapeShift Transparency Youtube channel. Let’s continue to DAO it!

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2023 Marketing Workstream Renewal (February - August)

Total Proposed Budget: $236,670 over 6 months

  • This proposal funds the Marketing Workstream from February 1, 2023 to August 1, 2023.
  • The Marketing Workstream will continue to focus on the creation, implementation, and optimization of marketing and growth initiatives for the ShapeShift DAO.
  • In terms of the budget, this proposal introduces a 4.1% net decrease in ask in USDC from last budget.

Fund the Tokenomics Workstream in Q1/Q2 2023 and Re-elect Kent as its Leader

Total Proposed Budget: $14,000/month in 1 year lock FOX + $17,933 USDC

  • This proposal outlines the scope and budget for the next two quarters of the Tokenomics Workstream, from January 1st, 2023 through June 30th, 2023.
  • The goals of the Tokenomics Workstream is to continue to focus the community on the goal of runway preservation, lead strategic discussions, conduct and present research, with a focus on Ethereum scalability.


Renewing the Operations Workstream for a 4th Term (February-July)

Total Proposed Budget: $262,500 over 6 months

  • This ideation post outlines the scope and budget for the next term of the Operations Workstream, from February to July 2023.

Added fees for Thorchain swaps

Total Proposed Budget: $0

  • This ideation post introduces a proposal to add 25bps fees on all Thorchain based trades starting February 15th.




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