Vol. I, No. 1 Monday, August 31, 2026 Governance Monitor — Public Edition
The daily governance brief for DAO tokenholders

Probity Institute

Proposals. Votes. Treasury moves. Reported as fact.

Today's Lead

The Graph's indexing-reward proposals close among the largest votes of the cycle

Two proposals touching how Indexer rewards are routed closed this week with the highest voting-power participation of the recent cycle: $59.4M and $55.2M in exercised voting power respectively, across 370 and 303 votes.

GIP-0002, which separated the destination address for Indexer indexing rewards, closed with 370 votes and $59.4M in voting power exercised. GIP-0003, addressing accumulated subgraph rewards being reset to zero, closed with 303 votes and $55.2M in voting power. A community poll on an Arbitration Charter, GIP-0009, closed at 191 votes and $15.0M. The three proposals are procedural in character: they concern reward routing, reward accounting integrity, and a charter for resolving disputes over indexing work. No participant compensation or protocol treasury allocation was changed by the cycle's largest votes. Separately, the DAO closed GIP-0013, a proposal to reduce the curation tax, with 331 votes and $3.5M in voting power. The curation tax reduction is a protocol-parameter change affecting how curators signal on subgraphs.

Token Rights Index

GSA Standards Status

BadgeStandardHolder Status
GSA-1Sovereign TreasuryAwaiting methodology freeze
GSA-2Recallable AuthorityAwaiting methodology freeze
GSA-3Revenue DistributionAwaiting methodology freeze
GSA-4Treasury CovenantAwaiting methodology freeze
GSA-5Information RightsAwaiting methodology freeze
GSA-6On-Chain M&AAwaiting methodology freeze
GSA-7Sybil-Resistant VotingProposed standard
GSA-8Dispute ResolutionProposed standard

GSA scores are not assigned until the methodology is frozen and published. The full 30-DAO matrix publishes on the Rights 30 page at that time.

Active Proposals

On the Ballot Now

  • Ethena — ENA Fee Switch
    79 votes · 17.6M token VP · 1 day left · Protocol Upgrade
  • Parallel — PGP-45 OTC Buyback & Burn of 100M PRL from Mimo Labs
    2 votes · 46.7M PRL · $62K · 4 days left · Treasury Deployment
  • Parallel — PGP-44 2026-2027 Immunefi Bug Bounty Program Renewal
    4 votes · 76.0M PRL · $101K · 2 days left · Ecosystem Growth
  • Sushi — Tokenomics Restructure: Reserve, Revised xSUSHI Buybacks
    3 votes · 5.2M SUSHI · $993K · 2 days left · Treasury Deployment

Voting-power figures as reported by the daily scan. Participation is reported, not judged.

Recently Closed

Largest Votes Concluded This Cycle

DAOProposalVotesUSD Value
The GraphGIP-0002: Separate destination address for Indexer indexing rewards370$59.4M
The GraphGIP-0003: Fix accumulated subgraph rewards being reset to zero303$55.2M
FeiTIP-121c: Final Redemption186$182.1M
FeiTIP-121b: Fuse Hack Payment90$108.9M
Arbitrum DAOAGV Wind-Down: Structured Transition & Return of Capital to the DAO Treasury1099$17.0M
Arbitrum DAORatification of Security Council Election Process Improvements980$17.4M

Full list and the daily narrative edition: Newsfeed.

Editorial note — The remaining front-page modules (cross-DAO notes, delegate watch summary) are placeholders and will be populated by the daily editorial workflow once the content pipeline is wired.