1IP-92: Optimizing Treasury Yield via Lending
Summary
This proposal allocates 2,000,000 USDC from the DAO Treasury to the Aave V3 USDC market.
Voting Position: FOR
Justification
We authored this proposal and vote in favor; we disclose that conflict up front. The treasury has had no operating revenue since swap surplus fees were paused in 2023, and its value has declined since 2024, yet nearly 45% of holdings sit idle as non-yielding USDC. The precedents are proven: 1IP-27 and 1IP-41 have together returned over $280k at a blended ~5.3% CAGR. Aave’s USDC market is deep and driven by organic borrower demand, with rates holding above a ~1.8% floor over the past year. At $2M we capture yield while preserving a ~$2.47M liquidity buffer, and even at a 2.00% floor the position still earns ~$40k. This is low-risk capital efficiency on a battle-tested primitive.
1IP-93: 1inch DAO Aqua Revenue Stream Incubator
Summary
This proposal establishes a $400,000 incubator funding teams (up to $50,000 each) to build revenue-generating Aqua and swapVM strategies in exchange for a negotiated share of gross revenue.
Voting Position: FOR
Justification
We support it because it fixes the problem we raise across most spend proposals: grant capital leaving the treasury with no expectation of return. Here revenue sharing begins from the first dollar, funding is released only against verifiable on-chain milestones, and the largest tranches wait until a strategy is live and generating aggregator volume. The program should lead to increased involvement for the DAO in the protocol since swapVM strategies are picked up automatically by the aggregator, creating a plausible flywheel back to the DAO. The steward fee is modest and the reviewer work is covered by our existing mandate.
1IP-94: Renewal of Engagement of MME as External Counsel to the 1inch DAO
Summary
The Legal Working Group proposes renewing MME as external counsel via a new $15,000 retainer, used as-needed under the same itemized invoicing established in 1IP-72. The prior $50,000 retainer is fully utilized, with all invoices approved.
Voting Position: FOR
Justification
We voted in favor. Legal counsel is baseline risk management. The prior mandate delivered concrete value via the arbitration analysis in the HW matter, the standardized Grant Terms and template now used across the DAO, a legal-wrapper cost-benefit study, and ad hoc sanctions and AML reviews on live proposals. At a third of the prior retainer, this is fair.
1IP-95: Dispute Resolution Proposal (1inch DAO and HWLT)
Summary
This proposal resolves the HW/HWLT dispute (originating in IP-30) by having HWLT fulfill its grant obligations through a phased publication of the ERA Wallet source code.
Voting Position: FOR
Justification
We voted in favor. This dispute has lingered as an unresolved obligation, and the publication roadmap is a verifiable path to closing it rather than leaving the commitment open-ended. Phase 1’s six repositories are already published. The phased structure fairly balances the DAO’s interest in auditability against HWLT’s legitimate need to protect IP during patent filing, and the BUSL-to-GPLv3 model guarantees eventual full open-sourcing.
1IP-96: 1inch events Grant Proposal 2026
Summary
Submitted by the Degensoft Ltd Events Team, this proposal requests $546,400 to fund 1inch participation in US events across 2026: a university program (Yale, Fordham, NYU, Cornell Tech, Stanford, Harvard, Michigan), conference side events (Consensus Miami, ETHConf, Stablecon DC, Messari Mainnet NYC), and four Crypto Mondays meetups. Unspent funds above 10% return to the treasury.
Voting Position: FOR
Justification
We vote in favor, with the reservations we always raise on event spending. The budget is forward-looking rather than the retroactive fitting we objected to before, there is an explicit clawback for cancelled or reduced events, and all content is licensed back to the community. Our concern remains measurement, since attendance and impressions do not equal protocol adoption. We want the post-program report to lead with developer sign-ups converting to integrations, qualified BD leads converting to partnerships, and per-event cost breakdowns so underperformers can be pruned next cycle. The focus on US and universities is the main advantage here. US-based exposure is not something that 1inch has historically been as involved in. The directional change here is good.
1IP-97: 1inch Public Policy & Regulatory Engagement Grant Proposal 2026
Summary
Submitted by the 1inch Foundation and led by the Degensoft legal and compliance team, this proposal requests $155,000 to fund 1inch’s public policy and regulatory engagement for 2026, covering US trade-group memberships, lawmaker engagement, and the 1inch Shield framework.
Voting Position: FOR
Justification
We vote in favor. Proactive regulatory engagement is risk mitigation, and the cost of a single enforcement action dwarfs this budget. The 2025 program delivered a documented record: 10+ regulatory meetings, comment letters to FinCEN and the US Senate, and the INATBA Best DeFi Solution award. 1inch’s non-custodial architecture and certifications are worth representing. We note the ~41% increase and would normally press harder, but the absolute cost is modest and is explained by the accelerating US calendar and expanded memberships. We expect the mid-year update and full-year KPI report to substantiate it.
1IP-98: 2026 DAO Governance Operations and Support
Summary
Submitted by the 1inch Foundation, this proposal allocates $200,000 to fund a dedicated DAO governance operations function for 2026, with Degensoft Ltd as recipient. Scope covers proposal lifecycle management, delegate coordination, compliance monitoring, and forum and Snapshot administration.
Voting Position: FOR
Justification
As long as 1inch continues its DAO-based operations, with delegates, treasury management, and programs like the Aqua Incubator, we believe that funding personnel using this capital, connecting the bridge between delegates and the core team, is fair.
1IP-99: 1inch ⟷ ETHGlobal events Grant Proposal 2026-2027
Summary
Submitted by the Degensoft Ltd Events Team, this proposal requests $695,000 to fund 1inch sponsorship across 21 ETHGlobal hackathons and Pragma conferences over 18 months (2026-2027), passed through directly to ETHGlobal. The program centers on Aqua adoption and developer onboarding, with roughly 26,000 expected participants and the same clawback and licensing terms as 1IP-96.
Voting Position: FOR
Justification
While we strongly support the Aqua-centric framing as a vital dealflow pipeline to drive volume and revenue back to the DAO, we have voiced reservations regarding the proposal’s lack of forward guidance, high event volume, and budget structure. The absence of proactive roadmap planning blindsided us after a prior 2026 proposal we assumed was comprehensive, and funding 21 events over 18 months risks diluting both focus and capital without historical ROI data to justify the spend. To mitigate these risks in a precarious market, we request clearer prospective budgeting moving forward and recommended splitting this proposal into two tranches: approving the defined 2026 events now, while deferring the unconfirmed 2027 events to a separate vote once full details are available. The team sustained their original approach stating that it’s more cost effective to structure all of the events upfront—cost and planning-wise—which is fair. We hope that better guidance is still provided in the future.
1IP-100: Recognized Delegate Program Renewal
Summary
Submitted by DAOplomats, this proposal renews the Recognized Delegates Program for 12 months (June 2026 to May 2027) with a reduced $220,000 budget.
Voting Position: FOR
Justification
We disclose that Arana Digital participates in this program and is among the evaluated delegates. On the merits we vote in favor, consistent with our support for 1IP-76. This iteration lowers the budget while raising the bar, a combination we welcome. The move to a transparent points-based rubric and quarterly eligibility thresholds ties pay to contribution rather than membership. The delegate program is how independent scrutiny reaches proposals, and a performance-gated, cost-reduced renewal serves the DAO.