Why this rating: Wound down (TIP-121) after a documented vote-flip governance failure — historical PCV buybacks, now defunct. WOUND DOWN (S4 exit): TIP-121 wind-down; on-chain vote flipped after community objection — governance integrity failure precedent; Historical GSA-1/GSA-3 partials (PCV buybacks, buyer-of-last-resort) recorded as fail per index treatment
WOUND DOWN (S4 exit): TIP-121 wind-down; on-chain vote flipped after community objection — governance integrity failure precedent
Historical GSA-1/GSA-3 partials (PCV buybacks, buyer-of-last-resort) recorded as fail per index treatment
History from the Institute scanner and the 2026-08-31 recheck pulls (Snapshot Hub GraphQL / OpenSquare). Outcomes marked from recheck determinations where the proposal is named; otherwise the recorded state is shown.
Metrics
Curated metric — next quarterly update. On-chain revenue, treasury, and distribution-enforcement reads are not yet wired for this DAO's space in the Institute's state files; the quarterly re-assessment cycle will populate this block.
S4 transitions explained: Where a determination record references an S4 structure or flag (S4-pending, S4 exit, structure-s4-consummated), the token-to-share transition states and their treatment are described in the public explanatory note: /docs/s4-transitions.md.
2026-08-31 recheck verdict: UNCHANGED.
Stale-risk & dormancy notes
Wound down since TIP-121 (2022); Snapshot dormant since Nov 2022.
- Moonwell/PoolTogether/mStable/Fei Snapshot dormancy is expected: Moonwell governs on-chain (Tally/MIPs), the others are wound down or team-run.
- rights30.json deliberately NOT modified; all revisions route through the parent dataset update on re-tag.
Assessment flags
WOUND DOWN (S4 exit): TIP-121 wind-down; on-chain vote flipped after community objection — governance integrity failure precedent
Historical GSA-1/GSA-3 partials (PCV buybacks, buyer-of-last-resort) recorded as fail per index treatment