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Merge pull request #177 from tradersnow222/patch-1
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Remove Gnosis references
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belactriple9 authored Nov 25, 2023
2 parents afb7530 + b5d8e57 commit 2fdc8e5
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6 changes: 3 additions & 3 deletions docs/governance/dao-treasury.mdx
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Expand Up @@ -7,11 +7,11 @@ The 1inch Network DAO Treasury is the pool of funds under the direct domain and
All protocol revenues are directed to the DAO Treasury and referral rewards.

## DAO Treasury
The primary 1inch Network DAO Treasury is a [Gnosis Safe](https://app.safe.global/balances?safe=eth:0x7951c7ef839e26F63DA87a42C9a87986507f1c07) smart contract wallet with multi-signature (multisig) functionality on the Ethereum mainnet. 12 multisig owners have initially been selected by the 1inch Foundation from the core contributor team and other well-known projects, such as [Synthetix](https://synthetix.io/), [Opium](https://opium.network/), [NEAR protocol](https://near.org/), and [zkSync](https://zksync.io/), to name a few. These signers are able to veto malicious transactions in a 7-of-12 fashion.
The primary 1inch Network DAO Treasury is a [Safe](https://app.safe.global/balances?safe=eth:0x7951c7ef839e26F63DA87a42C9a87986507f1c07) smart contract wallet with multi-signature (multisig) functionality on the Ethereum mainnet. 12 multisig owners have initially been selected by the 1inch Foundation from the core contributor team and other well-known projects, such as [Synthetix](https://synthetix.io/), [Opium](https://opium.network/), [NEAR protocol](https://near.org/), and [zkSync](https://zksync.io/), to name a few. These signers are able to veto malicious transactions in a 7-of-12 fashion.

## Gnosis Safe + Snapshot + SafeSnap
## Safe + Snapshot + SafeSnap

Snapshot allows for gasless voting. SafeSnap, also known as [Reality Module](https://gnosis.github.io/zodiac/docs/tutorial-module-reality/get-started/), is a Snapshot module that allows for on-chain execution of off-chain voting. The combination of these tools gives the DAO’s votes direct control over the Gnosis Safe that holds the Treasury funds.
Snapshot allows for gasless voting. SafeSnap, also known as [Reality Module](https://gnosis.github.io/zodiac/docs/tutorial-module-reality/get-started/), is a Snapshot module that allows for on-chain execution of off-chain voting. The combination of these tools gives the DAO’s votes direct control over the Safe that holds the Treasury funds.

SafeSnap has been integrated into the 1inch Snapshot space. 1IPs that call for payment(s) from the treasury must have the "Transactions" container filled out by the individual proposing the Phase 4 Snapshot vote. Required fields include transaction type, Asset, recipient address, and amount.

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