Hi Winnal,
Thanks for writing out this proposal, I like the play on words with the phrase Time in the DAO.
I would personally vote against a partnership with Dani or Sifu on the basis that their governance is not decentralized and they are not in any meaningful sense of the word a DAO. When asked what constitutes TIME being the largest DAO Dani replied "Number of holders and treasury". This definition of a DAO is not in line with what I understand Olympus' vision of a DAO is which is well outlined on the DAO section of the Ethereum website:
Decentralized autonomous organizations (DAOs)
Member-owned communities without centralized leadership.
A safe way to collaborate with internet strangers.
A safe place to commit funds to a specific cause.
As pottedmeat outlined above. Dani's projects are currently organized in a centralized way. In my opinion it is misleading for them to continue representing themselves as a DAO, without any meaningful steps in transitioning to being a DAO.
If we were to consider this proposal we would have to justify why we are breaking with the pattern of not having centralized stablecoins such as USDC etc in the treasury. In some regards USD coin stables would consitute less of a keyman risk then working with Dani/Sifu projects. e.g what happens to their projects if they become incapacitated? In the case of USDC their organizational structures are more decentralized than Dani/Sifu. Even with this being the case, it's my understanding the Olympus treasury focuses on assets which are permissionless.
Lastly, in my experience, it's very difficult to rebuild trust once it has been broken. However you explain the breakdown in trust between Dani & Olympus you can't deny that there has been a breakdown in trust. Olympus has approaching 60 other partners and there are many more keen to work with Olympus where there is not a break in trust that needs to be managed. I would argue it would be less taxing to focus our efforts on partners where our operational philosophies are more aligned.
Thanks again for starting the conversation, putting up OIPs and having them rigorousnessly assessed is hard work and I appreciate your efforts.