by 0xd6c957f9a6411f35d01baae2658758f277408878 (Rizk)
Linked Draft Proposal
Establishing an Executive Arm to improve DAO Operations
Summary
This addendum requests approval to transfer 23,716,538 MANA (or DAI equivalent) from the DAO Treasury to the Council/Regenesis Lab multi-sig wallet to activate and fund the Executive Arm, as already approved by the DAO Council.
Abstract
This updated section was prepared by the DAO Committee following the Council + Regenesis Labs forming, in consultation with the Council, DAO Committee, and the new Executive Director. It includes specific legal, procedural, and financial clarifications to:
- · Ensure transparent execution of the approved transfer.
- · Avoid any legal ambiguity or procedural misunderstandings regarding fund transfers.
- · Align DAO actions with the intent already expressed by the Council and the broader community
To enable this transaction, and for the purposes of this and future proposals, Regenesis Labs is explicitly considered as exempt from the “Limit Fund” rule (Limit Fund Appropriation to Grant Proposals), alongside other delineated cases, as it represents the central structure for budgeting strategies and treasury management. Given its role as the primary vehicle for fund allocation within the ecosystem, this transfer is presented as part of Regenesis Lab’s operational mandate, consistent with its broader responsibility to execute strategic financial decisions on behalf of the DAO.
Motivation
The Executive Arm (Regenisis Labs) cannot operate without funding. This transfer enables the onboarding of qualified operational contributors, activates approved processes, and ensures timely action on proposals already passed by the DAO.
By allowing this Regenesis Labs exception, the DAO maintains rule integrity while enabling urgent operational continuity. And keep the tracking of 23,716,538 MANA transfers on chain and not only on the Forum.
Specification
Transfer & Exemption Details:
- · Amount: 23,716,538 MANA or its DAI equivalent
- · Recipient: Regenesis Lab / Council Multi-sig
0x93AcCD5b8AEE795C6efcfdEDFE4a292e59e00e84
The wallet will be set up as a 3 out of 5 with at least two members of the DAO Council as signers. - · Purpose: Initial operational funding for the Executive Arm (Regenisis Labs)
- · Scope: Regenesis Labs is explicitly exempt from the (Limit Fund Appropriation to Grant Proposals), rule for this and future proposals, in line with its mandate as the DAO’s budgeting and treasury execution body.
Impacts
â—Ź Enables activation of the Regenesis Labs to carry out DAO operations efficiently
● Complies with the DAO Council’s approved direction and Regenesis discussions
â—Ź Provides legal clarity to avoid future procedural or legal misunderstandings
● Grants a transparent exemption from the “Limit Fund Appropriation to Grant Proposals” rule to enable strategic execution of financial decisions on behalf of the DAO.
Implementation Pathways
- Upon passage, the DAO Committee, in coordination with the SAB, will execute the transfer from the DAO treasury to the mentioned Regenesis Lab / Council Multi-sig wallet (0x93AcCD5b8AEE795C6efcfdEDFE4a292e59e00e84).
- A transparency report will be published post-transfer
- All subsequent funding actions remain subject to normal governance rules.
Conclusion
This addendum, when combined with the previously submitted ( Establishing an Executive Arm to improve DAO Operations ) , provides a complete and actionable framework to launch the Executive Arm of the DAO. While the main proposal outlines its structure, scope, and responsibilities, this Addendum delivers the essential funding mechanism and a clear procedural exemption to enable its activation.
Together, they ensure that the DAO:
- Empowers the Executive Arm with both authority and resources
- Maintains legal and governance clarity
- Respects the DAO’s rules while allowing for urgent, and exemption.
- Approves the transfer of Council approved budget to the Regenesis Lab wallet
Approving this addendum allows the DAO to move from planning to action—marking a critical step toward strengthening Decentraland’s operations, transparency, and long-term sustainability.