Words of caution: We need to formalize the governance system

[misato]

@zeframlou

• Establish an executive council. We need clear designations of power & responsibilities, and having a council of people working for yearn full time is a good idea. For instance, who should be in charge of the yearn Twitter account? Who should be the forum mods? Who should filter out malicious proposals? Who should have the right to manage the GitHub repos? We need to be able to answer questions like this unequivocally, and having an elected executive council is IMO the best way to do it.

twitter, github, forum ,etc it is all centralized. how can the dao manage this, legally? does the council have a contractual relationship with the dao to make sure the council follows the will of tokenholders and manages these accounts well? how is this enforced? and what if any liability do the council members expose them selves to by taking on this role?

i have been doing research about aragon since the topic of creating a yearn dao came up and they have something called “agreements” in the works that could be a solution for this:

https://blog.aragon.one/aragon-agreements/