Senate Minutes - June 16th, 2022

Senators Present

#0007, #0027, #0048, #1001, #0045, #1002, #0051

Agenda

  • Discuss sub-DAO accounting framework
  • Immigration proposal draft
  • $LAND treasury diversification
    • Lockups (?)
    • Dropping token prior to diversification

Minutes

  • $LAND treasury diversification
    • Yes, lockups on $CITIZEN token
    • Includes some degree of confidence
    • Questions around balance sheet
    • Provisional plan for Cosmos chain
    • KONG chips work off the back of the protocol/chain → powered by $LAND
    • Enumerated in proposal. How it attains/maintains
    • Deliverables: Allocation, Proposal
  • Immigtaion draft
    • KIP / OIP
    • Different ways of using available $CTZN
    • Selection process?
    • Combination of fixed price sale and small liquidity pool
    • Deliverables: Immigration proposal Friday