TL/DR: This is a proposal that seeks to: Establish a formal election process (“CityDAO Election Process”) to be used initially for the CityDAO Multisig (“Multisig Election”); Establish compensation and limited authority for the Elected Multisig; Empower Walter Clapp as the Election Facilitator (@wdclapp Discord handle) to administer the Multisig Election and all related aspects of the election process; Compensate Walter (and any team members, as may be determined by Walter in his discretion) for the efforts and undertakings relating to #1, 2, and 3 above. Total target compensation = $9,000 (the “Election Comp Pool”); which includes Walter’s compensation plus money available to compensate assistant(s) at Walter’s sole discretion.) SECTION 3.05 of the Operating Agreement states CityDAO’s purpose and mission as follows: “PURPOSE; POWERS. CityDAO was established for the purpose and mission of exploring decentralized governance mechanisms as well as establishing verification of physical asset ownership, such as real property, on the Ethereum Blockchain.” CityDAO has not spent adequate time or money on decentralized governance and this CIP aims to change that dynamic. The time for elections at CityDAO is here. Our First Election will be to Elect Members of the Multisig. According to Chat GPT, “Here are some reasons why DAOs might use elections: Representation: Elections allow DAO members to choose representatives who can make decisions on their behalf. This can help ensure that the decisions made by the DAO are aligned with the interests of its members.
Accountability: Elections can hold representatives accountable to the DAO members. If representatives fail to perform their duties or act in a way that is not in the best interests of the DAO, they can be removed from their positions through a vote.
Transparency: Elections can provide transparency in the decision-making process. All members have the opportunity to participate in the voting process and have a say in the direction of the DAO. Efficiency: Elections can help DAOs make decisions more efficiently. By delegating decision-making to elected representatives, the DAO can avoid delays and inefficiencies that might result from a more decentralized decision-making process.
Legitimacy: Elections can help legitimize the decisions made by the DAO. When decisions are made through a transparent and democratic process, members are more likely to accept and support them.” Currently - The “Multisig” is a body of eight (8) individuals who own private keys that own and control the CityDAO Main Safe Treasury. There are a few ways to manage a DAO Treasury and in the early days CityDAO chose the centralized manner of establishing a Multi-signature Smart Contract. Currently, 5 of 8 signers must sign a transaction to use money from the DAO’s treasury. This CIP creates a Multisig election. Each seat will be paid $200 per month. This CIP also confirms the Multisig authority to not sign transactions if they violate any act of governance (CIP, Charter, or OA), or violate US/Wyoming Law. Walter Clapp will oversee and implement the first election of the current 8 Multisig seats pursuant to this CIP. Walter makes sense as a licensed attorney, and his interest in reinvigorating the republic in America, including a vision for a Constitutional Convention. Walter is also a public candidate for President of the U.S. Walter can achieve the goal of getting CityDAO from the appointed Multisig of today to the Elected Multisig of CityDAO’s future. The election is intended to be completed by July 1, 2023. Multisig members will be up for election every 1 year. July 2023 multisig members will be replaced in July 2024 and so on. Unless a new CIP is passed to amend this one, it will recur with automatic passage annually. Multisig members may serve a maximum of two terms. Once this CIP passes, the CIP and election, to completion, will be publicized by the DAO to Twitter, the Website, Discord, Discourse, and via email. Nominations will be open to be submitted via Forum (Discourse). Self-nominations are prohibited. Nominations will require the person nominating to provide proof of humanity via a photo of their face with the nominee’s name on a piece of paper held by the nominator. Nominations for individuals will be subject to open Q&A, as well as limited debates that may be hosted by Walter.
Eligibility: Nominees will be required to go through KYC and AML, and any other legal hurdles required by the US or Wyoming law, prior to the vote. Nominations will open upon passage of this CIP and shall close on June 1, 2023. Walter will then compile a list of all qualified nominees for voting after the close of each round of nominations.. A virtual synchronous election over a seven (7) day period will occur via a CityDAO Citizen token gated discord channel (or Snapshot) administered by Walter and other present admins. Each citizen will be asked to rank their top eight (8) votes for the multisig. All citizens may only vote one time. Walter will manually tabulate the winners pursuant to the rules of rank choice voting, and publish the results on Snapshot for certification. These new signers will be admitted to the Multisig within 24 hours of certification. The next four (4) highest votes will be alternates. In the event a Multisig member steps down, is removed, or otherwise unable to complete their role, they shall be replaced by the alternate with the next most votes from the election (and if they are not available, the second highest voted alternate would be appointed, and so on). All 8 Multisig seats will begin receiving compensation the month after the first four new Multisignators are elected. Any tampering is expressly prohibited, including without limitation, Sybil Votes and use of Sybil Wallets. If tampering is discovered, the user(s) will be banned from multisig election voting for 1 year; and will be permanently banned from elected positions at CityDAO, or CityDAO positions with budget authority. Walter will work with current moderators and administrators to enforce these rules, publish ample advance notice of the nominations and election, and any updated rules of the election. Walter will publish a CIP to ratify the election and compensation within 24 hours of the election closing. If the elected are not ratified, this CIP will cease. Miscellaneous Terms of CIP-145 Term/Date of Completion no later than September 1, 2023 (note – anticipated ASAP but providing this outside date) The Facilitator role for this Election is a non-replaceable role, meaning that the CIP is formally terminated if Walter is not physically able to complete the election. Only a new CIP can establish a different or alternate election procedure. As stated above, the process will be finalized using a ratification CIP. Other CIPs relating to election considerations or compensation for elected Multisig members may follow depending on the nature of the process itself or its outcomes. Walter may use the assistance of others as he deems necessary, including the discretion to provide compensation from the Election Comp Pool in his discretion. Adjustments and amendments allowed by Proposer or Walter prior to Snapshot, will be tracked, and kept transparent in this Forum page. Payment of any amounts hereunder will be made from the Main Treasury within five (5) days of submission of Utopia payment request with reasonable supporting documentation as necessary.