Vol. I, No. 1 Monday, August 31, 2026 mStable — Governance Rights Report
The daily governance brief for DAO tokenholders

Probity Institute

mStable — Governance Rights Report

Verdict

mStable

MTA — Governance Rights Report
Tier 3 S1 — Token-Governed Protocol Assessment as of 2026-08-31
GSA-1 fail GSA-2 pass GSA-3 fail GSA-4 fail GSA-5 near-miss GSA-6 fail GSA-7 fail GSA-8 fail

Why this rating: Elected sub-DAO signers (TreasuryDAO/ProtocolDAO via ranked-choice Snapshot) are the closest thing to recall in the Snapshot set — but normative, not contract-enforced, and no economic rights. GSA-2 pass is generous: elected-signer replacement via re-election, no mid-term recall (source flags it as closer to near-miss on strict reading)

Where to Vote

Proposal History

ProposalTitleOutcomeClosed
0x5d89886d6d… TDP 55 - TreasuryDAO & ProtocolDAO Signer Compensation and Replacements Closed March 24, 2023
0xf6e83a6f1e… MIP 32 - Future of mStable Treasury Assets Closed March 24, 2023
0x32a1588578… MIP 30 - mStable Governance Path Resolution Closed March 24, 2023
0xf7c3f965af… MIP 31 - Product Sunset Approach Closed March 10, 2023
0x797a8ee1bc… MIP 29 - Adjustment of Builder SubDAO Mandate Closed February 10, 2023

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.

Structure & History

Structure: S1 — Token-Governed Protocol.

S1-S5 protocol business structure taxonomy, as-of 2026-08-27 (structure taxonomy date); scores as-of 2026-08-31 (first scored 2026-07-23)

2026-08-31 recheck verdict: UNCHANGED.

Stale-risk & dormancy notes

Assessment flags