DIP-6: Amendment 6

Headline: Empower the DIMO Foundation to manage treasury $DIMO sales for funding operations and business investments

Author: The DIMO Foundation

Submitter(s): The DIMO Foundation [0xCED3c922200559128930180d3f0bfFd4d9f4F123]

Status: Review

Voting URL: Pending

Discussion Forum: Discord #🗳️governance forum

Vote Type: Level 3

Abstract

This amendment expands the DIMO Foundation’s authority to sell $DIMO tokens from the treasury to fund operations and invest in strategic business lines swiftly, ensuring actions prioritize the benefit of the DIMO protocol and token.

Motivation

The DIMO ecosystem is at a pivotal moment. Being able to act fast and stay nimble matters more than ever to fund operations and seize emerging opportunities. Over reliance on governance introduces delays and coordination overhead that undermine those efforts, especially at time where voting participation is typically low. Granting this enhanced authority enables agile, mission-focused action, while preserving transparency and guardrails to ensure accountability and alignment with the token’s long-term interests.

Specification

// If passed, this proposal would replace the entirety of the Financial Plan & Ask within the DIP-6 Specification.

(a) Resources. The Foundation may sell $DIMO from treasury without per-sale governance approval to fund operations, liquidity, strategic partnerships, and investments that materially advance the protocol. Sales may be conducted via programmatic execution, RFQ/OTC transactions, auctions, or strategic placements.

(b) Use of Funds. Net proceeds may be applied to: (i) protocol R&D and operations; (ii) ecosystem and distribution partnerships; (iii) incubation, acquisition, or investment in DIMO-aligned products and businesses (including equity, token warrants, SAFEs, and convertibles); (iv) regulatory, security, and risk management functions; and (v) liquidity and market quality programs.

1. The Foundation may invest in or acquire teams and assets that accelerate adoption. Any acquired IP must comply with Section (d). Strategic sales should include use-commitments or lockups where appropriate.

2. The Foundation may provide or loan $DIMO to approved market makers, operate or seed on-chain liquidity, and enter inventory-neutral arrangements to improve spread, depth, and availability.

3. The Foundation may hold and rebalance reserves across fiat, stablecoins, short-duration instruments, and qualified yield vehicles (e.g., registered funds and cash-management vehicles) to extend runway and manage risk, up to 100% of non-$DIMO reserves, subject to compliance and custody controls.

4. All expenditures, contracts, and treasury actions must primarily benefit the DIMO protocol and $DIMO token.

(c) Operating Envelope. The Foundation may adopt and revise an internal annual operating plan (OPEX + program spend) without fixed category caps.

(d) IP & Work Product. All IP funded by the Foundation must be (i) owned by the Foundation, (ii) perpetually and royalty-free licensed to it, or (iii) open-sourced under a permissive license, with the Foundation retaining perpetual usage rights.

// and insert the following adjustment into the Authority & Domain section.

Canonical Tokens

The DIMO Foundation may unilaterally update DIP-10 to reflect changes to canonical token definitions, including but not limited to the addition or removal of supported blockchains, contract addresses, and token identifiers. Such updates must be made in good faith, solely for the benefit of the DIMO protocol and $DIMO token, and published promptly in the official governance documentation.

Implementation

If passed, DIP-6 would be updated as specified above after the four day timelock concludes.

Copyright

Copyright and related rights waived via CC0

Citation

Please cite this document as:

The DIMO Foundation, "DIP-6: Amendment 6", August 2025. [Online serial]. Available: [https://github.com/DIMO-Network/DIP]

Changelog

Disclaimer

Certain statements in this document constitute forward-looking statements. The words “may,” “will,” “should,” “project,” “anticipate,” “believe,” “estimate,” “intend,” “expect,” “continue,” and similar expressions or the negatives thereof are generally intended to identify forward-looking statements. Such forward-looking statements, including the intended actions and performance objectives, involve known and unknown risks, uncertainties, and other important factors that could cause the actual results, performance, or achievements to differ materially from any future results, performance, or achievements expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and nothing in this document represents a promise of specific work to be completed in the future.

The contract addresses for $DIMO are 0x5fab9761d60419c9eeebe3915a8fa1ed7e8d2e1b on Ethereum, 0x5eAA326fB2fc97fAcCe6A79A304876daD0F2e96c on Base / Optimism, and 0xE261D618a959aFfFd53168Cd07D12E37B26761db on Polygon. Please always confirm that you are interacting with these contract addresses and not those of a fraudulent imitator. This proposal may not be enacted if it violates Cayman Islands law. Please triple check that any communications are authentic as it’s common for scammers to try to trick you into sending them crypto or into revealing your private keys.