The dYdX Treasury SubDAO would like to inform the community of an upcoming change in the composition of the dYdX Treasury SubDAO Foundation Board of Directors.
The Foundation is currently served by six directors, consisting of:
- 3 Class A Directors (Community Directors)
- 3 Class B Directors (kpk signers)
In light of organizational changes within kpk, we would like to request community approval to replace two of the current Class B Directors with two new representatives from kpk.
This change ensures that the Board composition continues to accurately reflect the operational structure of the Treasury SubDAO while maintaining continuity in treasury operations and governance processes.
Following a successful governance vote:
- Two of the current Class B Director will step down from their role.
- The newly appointed Class B Directors will assume the position in both legal and operational capacities, including relevant multisig signing responsibilities.
No other changes to the Board structure or responsibilities are proposed at this time.
Next Steps
A text proposal will be submitted to the dYdX governance forum requesting community approval to ratify this director replacement.
If the proposal passes, the change will be implemented formally within the Foundation’s governance structure.