FIP-51(cont): Amended Fei|Rari Merger Proposal & FIP-XX: GFX Labs Compensation

[Related in discord as well]

This snapshot represents “broad consensus building” and NOT a definitive vote on how the merge will execute in detail. In particular things such as mechanism, exchange rate, and post-merge intentions are all an active work in progress and should continue to be discussed.

If the vote passes, I propose the current document be used in letter and spirit to be the default execution plan, but we encourage amendment proposals on any specific line item. The way that this will look is by snapshotting specific, redlined iterations of the document at https://bafybeia52gtifubkk7tn5zgszp5oyopjgt3bgowkhrgb4p7y34mcicncnu.ipfs.infura-ipfs.io/ after discussing in the forum as per usual. This can last as long as we need to, and I feel we should begin a discussion/snapshot for an amendment process, including timeboxing the amendment window, so that we can set clear expectations for the remainder of this important proposal.

In particular, there was a typo where protocol controlled value was used in place of protocol equity. It is pretty clear that this was a typo based on additional evidence such as GFX original proposal, contradicting other parts of the doc and lack of discussion of such an important change. Unless there are strong objections we can assume that protocol equity will be used for the final proposal on-chain without an amendment.

We must remember that decentralized governance and process is fundamentally about social consensus as much as technical consensus (recalling events like the ETC hard fork), so we are not married to our processes, they guide us to this social consensus. I do not think the proposal was handled flawlessly, but I am incredibly proud to see community members stepping up and fighting to make the process as effective as possible for our real goals

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