Vote: For
Reasoning: We’re pleased to openly support the launch of karpatkey’s token and DAO as a fantastic step forward for karpatkey, GnosisDAO and the broader DeFi ecosystem. karpatkey are the industry leaders in active management of digital assets, not just in terms of scale or value but also in terms of the quality and sophistication of their processes. Their operating model has proven very effective across a number of DAOs, and their efforts to create broader network effects across the ecosystem are aimed at producing strong win-win scenarios to accelerate our collective progress. GnosisDAO stands to realise the value of its existing investment and receive additional tokens, meaning this is a clear pecuniary win. We would also encourage GnosisDAO to hold these investments long term and mirror karpatkey’s efforts by also forming an active delegation within karpatkey’s DAO.
We must, however, flag that we also work with karpatkey in a separate capacity, and thus have vested interests in the outcome of GIP-92. We have evaluated the position - contemplating whether any conflicts of interest may arise - but feel confident in the conclusion that this is a clear example of a common interests exception. By this, we mean that where both sides have strong interests in the same outcome, this can allow for different interests to come together without realistic risks of any conflicts arising. We are happy to answer questions or comments on this conclusion, but otherwise will be voting actively in this GIP.