Time to cut the SAILS

[RoboMcGobo]

The on-chain version of this proposal is up on the forums now. I want to reiterate that no positions are being unwound as part of this proposal. Liquidity will remain in the White Whale DEX unless governance says otherwise in a future proposal.

All this does is change the custodian of the positions from SAIL DAO to the Osmosis community pool.

Claw Back SAIL DAO Funding

This proposal is a continuation of this post by @Rarma. This will be the on-chain version proposing to invoke the killswitch and return SAIL DAO positions to the Osmosis community pool. I’ve pulled this into a separate thread to add a bit more specificity around how positions in the SAIL DAO’s existing treasury should be handled in the event that this passes. Background Sail DAO is a liquidity deployment subdao built on the Osmosis chain. Osmosis governance voted to create the Sail DAO as pa…