I’m very sympathetic to @joaobrunoah’s comments. I can see how this proposal and conversation in general might feel very uncomfortable or like an attack for those who work at Orb. It might not help to say it but this proposal is not intended to single out individual Orb employees and anyone who wants to continue contributing to Balancer should make their intentions known and every effort will be made to help you transition into another service provider. Please don’t hesitate to reach out to me, anyone at the Maxis, or Daniel. The nature of our DAO model and the fact that Orb represented the largest SP by far make this kind of offboarding particularly tricky - however, every effort should be made to provide transparency and clarity for the ecosystem. I’d say this public dialogue, while perhaps painful, is a positive step.
My view is a three month transition would do more harm than good. I think the rest of May should be sufficient for Orb employees to be placed with another SP or offboard from the ecosystem and for Orb operations to be shuttered (if the intention is to shut down the company). Orb should be fully funded for the month of May, after which all payments authorized under BIP-20 should be cancelled. If operational funding is required for June and beyond for some reason a proposal can be made for that. Again I want to reiterate that any Orb employee wishing to continue contributing to Balancer should reach out to me/other Maxis/Daniel ASAP to make that known so we can start working with you on it immediately.
That said, I would update the “Specification” section for this vote to the following:
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All future payments to Orb authorized under BIP-20 and BIP-197 are halted (Orb should already have gotten paid for May). Orb can present to governance a proposal to cover costs associated with the winding down of the company at their discretion.
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Orb employees should immediately begin transitioning any active projects to other SP’s. This means inviting contributors from Maxis/Beets to any external communication channels with 3rd parties immediately.
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Access to Slack and Notion will be removed for all Orb employees who have not started the onboarding process with another SP as of May 31st. These Orb employees must remove themselves from any external communication channels related to Balancer.
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OpCo is mandated to return the DAO treasury any and all remaining USDC funds allocated for Orb’s funding under BIP-20, any remaining BAL allocated to Orb under BIP-38, and any “savings” which have accumulated during the last year. For those funds which were acquired as a result of BIP-197, OpCo must present a clear accounting of these funds in lieu of returning them to the Treasury. Both of these items must be done within 30 days.
I think there’s an argument to be made that this should go to a vote this week so there will be more than two weeks from the date the vote passes to the end of May but I also recognize some might desire a longer/more in depth discussion period. That could result in only a week from the time the vote passes to the end of May.