# Claw Back SAIL DAO Funding **URL:** \ **Category:** SAIL\ **Tags:** passed\ **Created:** [July 14, 2024, 10:13pm UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938 "2024-07-14T22:13:25Z")\ **Posts on this page:** 20\ **Page:** 3
**Author:** ![RoboMcGobo](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/robomcgobo/32/633_2.png) [@RoboMcGobo](https://forum.osmosis.zone/u/RoboMcGobo)\ **Post date:** [July 17, 2024, 3:16am UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/41 "2024-07-17T03:16:31Z")
Hey Ryan, thanks for the feedback. The intent of this proposal is not to unwind the ROAR / OSMO pool but rather to maintain it as-is. If you’d prefer that the position be unwound instead we can definitely get a subsequent proposal up to that effect. But it’s unclear whether that’s your preference or if you’d rather maintain the LP given this bit here: > [@TheRyanLion](#): > > Lion DAO would also be open to increasing the liquidity size either in partnership with SAIL DAO, or with the OSMO community pool directly. In either case, open to helping make it happen if this initial proposal passes. ---
**Author:** ![TheRyanLion](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/theryanlion/32/2239_2.png) [@TheRyanLion](https://forum.osmosis.zone/u/TheRyanLion)\ **Post date:** [July 17, 2024, 3:25am UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/42 "2024-07-17T03:25:44Z")
Why should the Osmosis community pool own the LP in it’s entirety given the consideration we were provided with (SAIL Tokens) would be rendered valueless by this proposal. Unwinding the LP and returning the remaining ROAR in the pool would leave us with ~$7.5K less value than we inputted. It would seem to me that the only “fair” solutions are as I proposed: - Return 10Bn ROAR - Cede 50% of the ROAR/OSMO LP to the Lion DAO treasury & 50% to the Osmosis community pool - 3rd option: return the ROAR left in the LP and make up the lost value in OSMO e.g. 6.3Bn ROAR & $7.5K OSMO ---
**Author:** ![RoboMcGobo](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/robomcgobo/32/633_2.png) [@RoboMcGobo](https://forum.osmosis.zone/u/RoboMcGobo)\ **Post date:** [July 17, 2024, 3:32am UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/43 "2024-07-17T03:32:11Z")
I didn’t imply that the Osmosis community pool should retain the position in its entirety Option 2 seems fine, but I can’t really speak for governance here. ---
**Author:** ![Kseniya\_Zubkova](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/kseniya_zubkova/32/2377_2.png) [@Kseniya\_Zubkova](https://forum.osmosis.zone/u/Kseniya_Zubkova)\ **Post date:** [July 17, 2024, 6:23am UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/44 "2024-07-17T06:23:08Z")
Your proposal to claw back Sail DAO funds is shortsighted and damaging. It undermines trust and jeopardizes projects that have brought real value to the Osmosis community. ---
**Author:** ![Sputnik-Light](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/sputnik-light/32/2380_2.png) [@Sputnik-Light](https://forum.osmosis.zone/u/Sputnik-Light)\ **Post date:** [July 17, 2024, 8:01am UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/45 "2024-07-17T08:01:16Z")
I disagree with this! Since the withdrawal of funds from SAIL DAO will negatively affect the trust of the community, especially those who supported the project. ---
**Author:** ![0xPhilipp](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/0xphilipp/32/297_2.png) [@0xPhilipp](https://forum.osmosis.zone/u/0xPhilipp)\ **Post date:** [July 17, 2024, 9:15am UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/46 "2024-07-17T09:15:26Z")
This proposal is just peak corruption. @RoboMcGobo stop spreading lies. It is not the Osmosis community speaking through you, it is your own opinion with slanderous lies, to get your own agenda through. Let’s start with reviewing SAIl DAO creation proposal: > [@Sail With the Whale V2: SAIL DAO (Updated)](https://forum.osmosis.zone/t/sail-with-the-whale-v2-sail-dao-updated/1041): > > The Previous proposal #694 “Sail With the Whale” requested deployment of 5 mil OSMO to seed 2 LST pools on White Whale DEX deployed on Osmosis chain. On top of the deployment of WW DEX onto Osmosis, other obligations from the Whale side included integration of OSMO LST’s into Migaloo ecosystem projects as well as further SC deployments and liquidity pools on Osmosis, as is consistent with the “Sail With The Whale” program. Based on community feedback, we have given the first edition of the prop… 1. Fulfilled 2. Fulfilled 3. Fulfilled 4. Fulfilled 5. Fullfilled Benefits 1. Fulfilled 2. Fulfilled 3. Fulfilled 4. In progress 5. Partially Fulfilled @RoboMcGobo is questioning a loss of around 77k OSMO ($ 45k). But the numbers are a lie and here is why: Total worth of the provided 3.5 M OSMO today: $ 1.9 M Total worth of the LPs @RoboMcGobo wants to clawback: $1,992,053 > [@RoboMcGobo](#): > > - 818,567 OSMO [worth appx. $449,207] > - WHALE / OSMO LP Shares worth appx. $96,000 > - ampOSMO / OSMO LP Shares worth appx. ~~$612,000~~ → $696,974 > - bOSMO / OSMO LP Shares worth appx. ~~$607,000~~ → $691,872 > - Lab / OSMO LP Shares worth appx. $28,000 > - ROAR / OSMO LP Shares worth appx. $30,000 Total worth still in SAIL DAO: $ 339,891 - 642,776,560 SAIL worth appx. $169,493 [excluded] - 3,601,755 WHALE worth appx. $26,398 - SAIL / WHALE LP Shares worth appx. $130,000 - WHALE / RSTK LP Shares worth appx. $14,000 This comes to a total treasury value of SAIL DAO of $2,331,944 **Comparing this to the “do nothing” case, since the inception of SAIL DAO on 10th January, it created an RoI (Return on Investment) of $431,944. Leading to a yearly APR of 45 % as of today!** [not counting Apps, Dev Work, Utility, Trading Activity, Arb Vaults, Mad Scientists, Mad Lab, Airdrops for SAIL holders, circulating SAIL, treasury SAIL, future airdrops for Osmosis, bad token price action] Numbers don’t lie. @RoboMcGobo does. ---
**Author:** ![Govmos](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/govmos/32/123_2.png) [@Govmos](https://forum.osmosis.zone/u/Govmos)\ **Post date:** [July 17, 2024, 11:32am UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/47 "2024-07-17T11:32:42Z")
According to the high level of controversies that this thread clearly expresses, we have no other choice but to obide by our politically neutral commitment to our Delegators on this matter. Therefore, if this vote reaches on-chain governance, our validator will cast an Abstain ballot and invite all our delegators to vote on their own instead. Despite some evident misconduct from the SAIL DAO, we think it is even more important to follow our own obligations first. As we stated previously, at Govmos, we are in support of this proposal, but as a validator, we have to obide by our politically neutral commitment above all else. [![pro-delegators-sign](https://us1.discourse-cdn.com/flex020/uploads/osmosis1/original/1X/3d138289b87945115dfe59a6604e139bf36aeb94.png)](https://wallet.keplr.app/chains/cosmos-hub?modal=validator&chain=cosmoshub-4&validator_address=cosmosvaloper18sqvyf4ss84qree7gndph5chmm82fglsqfylwn) ---
**Author:** ![Razzien](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/razzien/32/749_2.png) [@Razzien](https://forum.osmosis.zone/u/Razzien)\ **Post date:** [July 17, 2024, 12:21pm UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/48 "2024-07-17T12:21:36Z")
So the pools that are in WW dex are: LAB-OSMO - 144K bootstraped by Streamswap ampOSMO-OSMO $687.14K - Sail dao prop forfilled SAIL-WHALE $129.45K - bootstraped with whale WHALE-OSMO $108.01K - Sail dao prop forfilled ROAR-OSMO $35.18K - New Community brought to osmosis this was the only liquidity deal the Sail dao did until now SHARK-OSMO $51.70K No Liquity deal Shark bootstrap their own streamswap bOSMO-OSMO $681.42K - Sail dao prop forfilled WHALE-WBTC $0.00 This pool will be used to migaloo install the abstration fees a open source moddle from osmosis on migaloo RSTK-WHALE $15.58K - This was bootstrap by migaloo fundation The only liquidty deal SAil dao did until now was with lion dao and i think in my opinion was a great deal… Rest were bootstraap by their communities and teams… As such Robo claims make no sense… ---
**Author:** ![Winfred](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/winfred/32/3074_2.png) [@Winfred](https://forum.osmosis.zone/u/Winfred)\ **Post date:** [July 17, 2024, 9:55pm UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/49 "2024-07-17T21:55:09Z")
At Stakecito, we make our decisions based on what is in the best interest of the network in question. This is our governance North Star. As such, we have voted in support of clawing back these funds. Full verdict can be found here: [x.com](https://x.com/WinfredKMandela/status/1813684550628692229) ---
**Author:** ![Winfred](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/winfred/32/3074_2.png) [@Winfred](https://forum.osmosis.zone/u/Winfred)\ **Post date:** [July 17, 2024, 10:52pm UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/50 "2024-07-17T22:52:29Z")
Oh and by the way, writing tweets and tagging our validator saying our decision does not reflect well on Stakecito, or adding poop emojis to my comments only assures me that this is the right decision. The Osmosis community has generally been a rather peaceful and respectful one despite its differences. ![Screenshot 2024-07-17 at 6.50.52 PM](https://us1.discourse-cdn.com/flex020/uploads/osmosis1/original/2X/1/1bebe507d9d695854d4f48271133de23e4bf286d.png) ---
**Author:** ![mattnyy](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/mattnyy/32/2385_2.png) [@mattnyy](https://forum.osmosis.zone/u/mattnyy)\ **Post date:** [July 18, 2024, 12:55am UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/51 "2024-07-18T00:55:48Z")
First step should have been discussions & proposals on how to better Sail DAO & address concerns. Not jumping to the KillSwitch right off the jump before doing so. Some valid points were brought up & have a feeling things can be addressed and fixed instead of going nuclear. I hope NO Vote wins out & solutions can be implemented that address these concerns. Everyone was having fun when the markets were pumping, lets not let the ALT/Cosmos Bear eat everyone alive. -Matt - Galactic Mining Community Member/Degen 🫡 ---
**Author:** ![faddat](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/faddat/32/2098_2.png) [@faddat](https://forum.osmosis.zone/u/faddat)\ **Post date:** [July 18, 2024, 7:38am UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/52 "2024-07-18T07:38:26Z")
> [@Calabi\_Yau](#): > > Another path forward would be a time based approach with KPIs. Yeah I think that something like this is the better path. > ---
**Author:** ![faddat](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/faddat/32/2098_2.png) [@faddat](https://forum.osmosis.zone/u/faddat)\ **Post date:** [July 18, 2024, 7:39am UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/53 "2024-07-18T07:39:25Z")
> [@mattnyy](#): > > First step should have been discussions & proposals on how to better Sail DAO & address concerns Yes, I agree with your point of view here. Especially because it leads into some spicy liquid staking stuff which well I certainly have my own spicy takes on. > [@RoboMcGobo](#): > > Just as an additional note, the White Whale community has been threatening to put up a proposal removing Stride’s stOSMO / OSMO liquidity if I move forward with this proposal, despite the two being completely unrelated. > > A little bit of “Don’t f\*\*\* with us or we’ll f\*\*\* with you.” This is the community that we’ve attracted to Osmosis with the Sail DAO. I won’t be bullied out of doing something that puts Osmosis’s best interests first. Robo, I must say that I’ve observed this stuff throughout cosmos governance. It isn’t good. But that’s what’s being done to SAIL here, and yeah it is silly. This prop likely should have had a minimum term or something. Or we lose the decentralized vibes. By the way I have no problem with your raising the proposal, it’s not the proposal I would have made, but I want to make clear that I understand your concerns. I can’t say I feel stride is a virgin here in gov policy “lobbying / bullying”. But yeah one person’s lobbying is another person’s bullying and I think that’s just a reality. The issue is the trustworthiness of governance funding. I think the more appropriate path would have been to outline changes needed to sail. > [@Winfred](#): > > Oh and by the way, writing tweets and tagging our validator saying our decision does not reflect well on Stakecito, or adding poop emojis to my comments only assures me that this is the right decision. Disagree about it being the right decision, but agree with method (judging the poo emojis and tagged tweets) > [@Sen-Com](#): > > It’s thievery. Plain and Simple. To be clear, I need to draw the line here. It’s not thievery, it is short sighted. That’s a big difference but you would do well to abide by it. ---
**Author:** ![Winfred](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/winfred/32/3074_2.png) [@Winfred](https://forum.osmosis.zone/u/Winfred)\ **Post date:** [July 18, 2024, 9:07am UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/54 "2024-07-18T09:07:26Z")
> [@faddat](#): > > Disagree about it being the right decision, but agree with method (judging the poo emojis and tagged tweets) Yeah, we won’t be changing our vote despite coordinated efforts on Twitter to try and harass me into it. ---
**Author:** ![RoboMcGobo](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/robomcgobo/32/633_2.png) [@RoboMcGobo](https://forum.osmosis.zone/u/RoboMcGobo)\ **Post date:** [July 18, 2024, 9:21am UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/55 "2024-07-18T09:21:49Z")
A vote has now gone up on the sail dao to rug the treasury’s remaining osmo. It’s currently passing. This is the exact type of behavior that led to this clawback proposal in the first place. It’s clear that continuing to custody Osmosis community funds in the sail dao treasury is unsafe. > **[Sail DAO | Oh Shit](https://daodao.zone/dao/osmo106tvcj58rvdn9k36m9m3xcmcwk2c3fgft3ldcst9lgy05gcmjanqexru3h/proposals/A23)** > > Sailors, > > I just want you to really know how all things are... the actors of osmosis blamed the treasury for having damaged them but I remember very well the opposite, you must know that before sail ---
**Author:** ![JohnnyWyles](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/johnnywyles/32/3114_2.png) [@JohnnyWyles](https://forum.osmosis.zone/u/JohnnyWyles)\ **Post date:** [July 18, 2024, 9:32am UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/56 "2024-07-18T09:32:30Z")
As mentioned on Twitter, these numbers very much do lie. > Total worth of the provided 3.5 M OSMO today: $ 1.9 M > Total worth of the LPs @RoboMcGobo wants to clawback: $1,992,053 > > > [@RoboMcGobo](#): > > > > - 818,567 OSMO [worth appx. $449,207] > > - WHALE / OSMO LP Shares worth appx. $96,000 > > - ampOSMO / OSMO LP Shares worth appx. ~~$612,000~~ → $696,974 > > - bOSMO / OSMO LP Shares worth appx. ~~$607,000~~ → $691,872 > > - Lab / OSMO LP Shares worth appx. $28,000 > > - ROAR / OSMO LP Shares worth appx. $30,000 > Total worth still in SAIL DAO: $ 339,891 > > - 642,776,560 SAIL worth appx. $169,493 [excluded] > - 3,601,755 WHALE worth appx. $26,398 > - SAIL / WHALE LP Shares worth appx. $130,000 > - WHALE / RSTK LP Shares worth appx. $14,000 > > This comes to a total treasury value of SAIL DAO of $2,331,944 > > **Comparing this to the “do nothing” case, since the inception of SAIL DAO on 10th January, it created an RoI (Return on Investment) of $431,944. Leading to a yearly APR of 45 % as of today!** $431,944 is the excess from the first section - which mainly consists of the additional matching of WHALE, LAB and ROAR (($96k + 28k + 30k)/2 = $77k) Plus the second section of 169,493 + 26,398 + 13000 + 14000 = 339,891 Which includes the SAIL treasury in the calculations despite being shown as [excluded] and the vast majority is made up of SAIL/WHALE and WHALE portions added by Migaloo. You can’t count assets received as matching as profit as you haven’t actually earned them. Real Return on Investment would be the swap fees yielded on these 7 pairings compared to the assets lost in the same period. Similarly, you can’t make a one-off bootstrapping spend to seed liquidity and initial mint and then extrapolate that into regular income for a yearly yield. It is, by definition, a single event. ---
**Author:** ![Winfred](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/winfred/32/3074_2.png) [@Winfred](https://forum.osmosis.zone/u/Winfred)\ **Post date:** [July 18, 2024, 9:37am UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/57 "2024-07-18T09:37:20Z")
Is there a way we can prevent this? I see their vote ends in 7 days. I can’t believe how incredibly unprofessional this is turning. ---
**Author:** ![JohnnyWyles](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/johnnywyles/32/3114_2.png) [@JohnnyWyles](https://forum.osmosis.zone/u/JohnnyWyles)\ **Post date:** [July 18, 2024, 10:28am UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/58 "2024-07-18T10:28:43Z")
Yup - DAODAO makes this very easy as long as we push this to chain in the next 40 hours. > [@Veto SAIL DAO Proposal-A23](https://forum.osmosis.zone/t/veto-sail-dao-proposal-a23/2984): > > Proposing to use Osmosis’ veto rights on SAIL DAO to cancel [Proposal A23](https://daodao.zone/dao/osmo106tvcj58rvdn9k36m9m3xcmcwk2c3fgft3ldcst9lgy05gcmjanqexru3h/proposals/A23) This proposal sends the OSMO in SAIL DAO to a single wallet owned by the 3rd largest SAIL staker. Will load in 24 hours if the [current Osmosis Proposal](https://daodao.zone/dao/osmosis/proposals/812) looks to be failing. [Draft Message](https://daodao.zone/dao/osmosis/proposals/create?pi=QmNy3CeK7vrXAsrcJi8rs6wwW7bTaXuyGS2EafwGjZ7HW2) ---
**Author:** ![cody2nd](https://avatars.discourse-cdn.com/v4/letter/c/45deac/32.png) [@cody2nd](https://forum.osmosis.zone/u/cody2nd)\ **Post date:** [July 18, 2024, 12:49pm UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/59 "2024-07-18T12:49:19Z")
Oh, so now you are the victim? Not the SAIL DAO retail stakers? You sounded so different just a little while ago… ![IMG_3968](https://us1.discourse-cdn.com/flex020/uploads/osmosis1/original/2X/8/81302ccb4cf9f694b6fd2fa3474c5ab93960c5f0.jpeg) ---
**Author:** ![cody2nd](https://avatars.discourse-cdn.com/v4/letter/c/45deac/32.png) [@cody2nd](https://forum.osmosis.zone/u/cody2nd)\ **Post date:** [July 18, 2024, 12:55pm UTC](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938/60 "2024-07-18T12:55:51Z")
If it’s not thievery then I assume retail investors who put money into SAIL DAO will be recompensated? And so will be TheLionDAO who exchanged Roar tokens for SAIL? [Previous page](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938.md?page=2) [Next page](https://forum.osmosis.zone/t/claw-back-sail-dao-funding/2938.md?page=4)