Governance House - Delegate INDEX for Metagovernance Voting

Hi @joey,

With respect to metagovernance votes, I am not as concerned because 1Kx has 187K votes and another whale has over 237K votes looking at Snapshot. Tribe’s delegate wallet would be one of the larger wallets which also means it is of great assistance in enabling Governance House to quorum.

How about we do 60K INDEX now to a new wallet address that is Governance House and then leave the other 40K INDEX as is with no change. Why 60K INDEX, that is the same size as the next largest investor we hope to onboard to Governance House.

Hi @nikhil,

With respect to the conflict of interest, the natural approach here is to run a snapshot vote where TRIBE holders can vote and determine the outcome. It is a large net negative to be viewed as acting with risk of conflict of interest and best approach is to abstain which here means ensuring TRIBE holders determine the outcome and there is no quorum, then Governance House should abstain. For Governance House to be successful, it needs to be true to its objective of being pro the ecosystem, professional and remain unbiased. The downside is one bad move and risk all the delegates withdrawing support.