Earlier today, Patagon submitted a budget proposal (due to some of the monetary elements of the proposal) to the Aragon DAO. It reads as follows:
In mid May of 2023, members of the Aragon community advocated for completion of the Aragon Association’s transfer of funds from the association to the DAO, a process that was supposed to be completed by November 2022 but which in May 2023 was only having its first $300k transfer.
Due to a major miscommunication and misunderstanding on Aragon’s part, some members of the Aragon Association believed that this movement was calling for the shutdown of Aragon itself, which at no point was ever the goal of the token holders. More than a dozen token holders were banned from the discord and several were banned from the forum, and when holders reached out to team members they were greeted either by silence or by being blocked.
Later, following massive public pressure and a battle in the press, which also included Aragon briefly unilaterally announcing their transition to a Grant structure, a surprising show of initiative from an entity that had failed for a year to transition to a DAO, the Aragon Association announced they were working on solutions in July. They claimed they were in talks with Polygon at one point. Then radio silence. Then expect a response in September, and September came and went. Now it is the end of October, and there is still no response or clarity from the AA.
At the same time in spite of this the Aragon Association has found time to spend millions on purchasing ETH and generally trading the treasury, sending money to teams, basically anything but dealing with the tokenholder issue.
This proposal thus demands clarity and a response on if ANT holders will have their issues resolved, and demands a proper response, subject to DAO discussion + vote, including the mechanism, pricing / APY if ve style. If this is not done by the 1st of November, the following proposal will be put up for official DAO vote:
- Clawback of all remaining funding from all Aragon guilds
- Demand for missing transparency reports
- If these are not respected or responded to adequately, the Aragon DAO shall pursue legal action against the Aragon Association’s Council as individuals for breach of contract as they have failed to deliver the assets of the Aragon Association to the DAO as it had promised and publicly advertised to investors.
We believe this is an important step after months of continued missed deadlines and lack of discussion to get clarity for the community