RRC-XX: RARI DAO Security Council Elections
Author: coffee-crusher
Summary
This proposal outlines a framework for the first-ever RARI DAO Security Council elections. The current Security Council’s term expires on September 30, 2025. This proposal, building upon the principles of RRC-33, shifts from a DAO appointment process to a DAO-wide election process, empowering the community to select its own security representatives. The DAO will vote to fill four of the five available seats, with one seat remaining with the Director of the Foundation. The new council members will serve a one-year term.
Motivation
The decentralization of the RARI DAO is a core value. Transitioning the Security Council’s selection from a DAO appointment to a DAO-wide election is a crucial step towards this goal. A community-elected council will increase transparency, ensure accountability, and bring a diverse range of expertise to the table, strengthening the protocol’s security and governance. This model empowers delegates and token holders to directly influence the protocol’s most critical decisions. This framework draws inspiration from successful DAO-led governance models, such as the Arbitrum Security Council election process, and builds upon the foundational RARI proposal, RRC-33.
Security Council Details
Mandate and Scope of Work
A vital body to mitigate risks associated with decentralization of the Rarible Protocol and RARI chain is the Security Council. A functioning Security Council is a mechanism to prevent governance attacks in which an attacker acquires voting power through legitimate means (e.g., buying tokens on the open market) but uses that to manipulate votes to their own benefit—i.e., exploiting the DAO’s treasury or the Protocol via skewing governance or introducing Protocol vulnerabilities. The Security Council has the ability to perform emergency and non-emergency actions such as urgent upgrades, minor, routine maintenance to the Rarible Protocol, and stopping DAO hack attempts.
The Safe multisig wallet addresses the Security Council uses to perform its functions are:
- Veto function: eth 0xd35ec9F67Aa082Ae666be1716C79291f1f6e4E0a (majority threshold: 3/5)
- Upgrade function: eth 0xa5e4514145463385aEF763Fc8161CB42b92c74f2 (majority threshold: 4/5)
Appointment and Removal
The members of the Security Council will serve a term of 12 months. The members of the Security Council must act upon the direction of the Director of the RARI Foundation as well as the RARI token-holders pursuant to the RRC. Failure to act in accordance with directions from either the Director of the RARI Foundation or the RRC Process constitutes a reason for an ad hoc removal of Security Council members. Such removal shall follow the RRC Process, and one member of the Security Council must remain in place.
The number of members on the Security Council may also be expanded or reduced pursuant to the RRC Process, provided that:
- there must be at least 1 member on the Security Council
- at least 1 member of the Security Council must be a director of the RARI Foundation.
The community, through an on-chain vote, has the ability to remove council members purely from an administrative perspective, but only to the extent that the criteria below have been met:
Criteria for removal of council members:
(i) failure to adhere to the code of conduct;
(ii) failure to undertake security council duties and responsibilities;
(iii) a conflict of interest arises;
(iv) a member is responsible for a security breach;
(v) the member no longer possesses the technical or strategic knowledge that is needed for future security challenges; and/or
(vi) there is a wider community loss of confidence in a council member.
Compensation
Security Council members are entitled to compensation of 2,000 USDC per month.
Specification
The following specifications are proposed for the election of the RARI DAO Security Council:
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Council Composition: The Security Council will consist of five (5) members:
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Four (4) seats will be filled via a DAO-wide vote on Tally v2.
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One (1) seat will be reserved for and held by the Director of the RARI Foundation (Campbell Law), ensuring a direct line of communication with the Foundation and a consistent operational perspective.
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Candidate Requirements: Candidates for the four elected seats must either hold $RARI tokens or have had delegated voting power to their wallet, and demonstrate a strong history of governance participation and contribution to the RARI ecosystem.
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Specific Technical Seat Requirement: One of the four elected seats must be held by a candidate with a strong technical background and a proven understanding of the RARI chain’s infrastructure, smart contracts, and security architecture. This will be self-identified by candidates and confirmed by delegates during the nomination period.
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Term: Elected members will serve a one (1) year term, beginning October 1, 2025.
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Compensation: Each council member will receive a monthly stipend of 2,000 USDC for their service.
Overall Cost
The total annual cost for the five Security Council seats is 120,000 USDC. Funding will be from the DAO operational treasury with funds transferred from RARI v1 treasury to a RARI v2 treasury, if required for funding availability.
Open Questions
There are some open questions that need to be addressed by the community:
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Should the Security Council be a hybrid model, continuing with one additional seat that is appointed and represented by the Foundation, in addition to the Director of the Foundation seat?
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If a RARI Foundation member is appointed to one of the five seats, should they be paid for their role on the Security Council?
Timeline
The proposed timeline for this election process is as follows:
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7-Day Forum Discussion & Call for Candidates - Self-Nomination Period: This proposal will be posted on the RARI DAO Forum for a period of seven (7) days. During this time, interested individuals can self-nominate using the official candidate template.
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Delegate Support: Following the discussion period, if the proposal is supported by the delegates, it will move to an on-chain vote.
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Tally v2 Vote: The final vote for the four council seats will be conducted on Tally v2.
Candidate Template
This template should be used by all individuals interested in self-nominating for a Security Council seat. Please copy and paste this candidate template into the comments below this proposal.
Name/Handle:
Wallet Address:
Candidate Status:
- I am a $RARI token holder.
- I have delegated voting power to my wallet.
Governance Participation & Contributions: Please provide a brief overview of your history of participation in RARI governance and contributions to the ecosystem. Link to relevant forum posts, proposals, or other on-chain activity.
Technical Background: If you are seeking the technical seat, please describe your background and proven understanding of the RARI chain’s infrastructure, smart contracts, and security architecture. Include links to relevant projects, audit experience, or technical contributions.
Statement of Intent: In 1-2 paragraphs, please explain why you are a good candidate for the Security Council and what you hope to achieve during your term.
Requirements & Code of Conduct:
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I understand and agree to adhere to the Code of Conduct as a Security Council member.
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I certify that I have or will obtain a new (or newly reset) hardware wallet that can generate a fresh address for this role.
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I confirm that as the individual or entity representative applying, I am the sole owner of the hardware wallet being used to apply, and I will not use a hot wallet under any circumstances.
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I agree that this hardware wallet will be used exclusively for actions related to the Security Council and for no other applications.