Summary

This proposal upgrades the DAO's Governor to V3 to add updatable proposals, signed proposals, and improved governance features.

⚠️ Audit Status

This upgrade is currently unaudited. Use at your own risk.

Members should carefully review the contract changes and consider the risks before voting to upgrade. Once an audit is completed, this section will be updated with the audit report.

Updatable Proposals

Proposers can edit their proposals during an updatable period (10 minutes). This allows for quick fixes to typos, updated transaction details, or incorporating community feedback without creating an entirely new proposal.

How it works:

• After creating a proposal, there's a 10 minutes window to update it
• Only the original proposer can make updates
• Each update creates a new version with the same proposal number
• Previous versions are marked as "Replaced"

Signed Proposals (proposeBySigs)

Create proposals with sponsor signatures instead of requiring one proposer to have enough voting power. Multiple token holders can collectively sponsor a proposal.

How it works:

• Create a proposal candidate off-chain
• Collect signatures from sponsors
• When threshold is met, submit all signatures to create on-chain proposal
• All signers are recorded and displayed

New Proposal States

• Updatable: Proposal is in the updatable period
• Replaced: Proposal was updated and replaced by a new version

Proposal Replacement Tracking

View the full history of proposal updates, including:

• Original proposal
• All updates/versions
• Update messages explaining changes
• Automatic redirects to latest version

Technical Details

• Implementation Version: v3.0.0
• Initial Updatable Period: 10 minutes (600 seconds)
• Maximum Signers per Proposal: 16

What Happens

1. Manager contract upgrades the Governor proxy implementation
2. Governor's updatable period is set to 10 minutes
3. All existing proposals remain unchanged and retain their state
4. New proposals can use updatable and signed proposal features
5. No changes to token, treasury, or auction contracts

Security

• This is a proxy upgrade, not a redeployment
• All state (proposals, votes, settings) is preserved
• ⚠️ This upgrade is currently unaudited - members should carefully review before voting
• The upgrade is reversible via another proposal

⚠️ Important Acknowledgement

Voting yes on this proposal confirms that you:

1. Understand the new governance features and how they will affect this DAO
2. Acknowledge that this upgrade is currently unaudited
3. Accept the risks associated with upgrading to unaudited contracts
4. Have reviewed the contract changes or trust the DAO's technical reviewers