GIP-128 Should GnosisDAO fund Gnosis Ltd with $30m/ year?

[ernst]

@Sam_Trust

1. I understand that the profits generated by the various projects/entities (Pay, Metri, GC, Circles) are meant to flow back to GNO holders. However, if I’m following correctly, it isn’t currently possible to distribute those profits directly. What mechanism would channel profits from each entity to GNO holders or at least to the Gnosis DAO? Would this be done through GNO buybacks, for example? Unfortunately, there is no smart contract in place to verify or enforce such a mechanism for the DAO.
2. How will these values be captured by kpk’s monthly reports? Are the treasuries primary on-chain?

If the operation becomes profitable and money flows back to the DAO, it’s the DAO’s prerogative what to do with these profits. It could simply pay them out to token holders as a dividend. It could do GNO buybacks instead. It could reinvest these profits – or a combination of all three. This is a discussion that the DAO needs to have when the time comes.

I understand your concern about the lack of transparency regarding product profitability. I will make sure we capture this well in the quarterly reports.