Description

The Decentraland Foundation’s vesting contract ends February 2030. That deadline has been known for years and has never been formally addressed in governance. There is no documented definition of what success looks like by that date, no transition plan, and no roadmap for what the DAO looks like when the Foundation’s mandate concludes. This is not a new concern. It has come up informally in community conversations repeatedly and has always been deferred. The $6.3M Regenesis Labs mandate was approved without an attached definition of success or a 2030 transition framework. This is not a criticism of Regenesis Labs — it reflects a gap that existed before they arrived and was not addressed when their mandate was written. Regenesis Labs has taken meaningful steps on treasury management — diversifying into stablecoins and deploying funds in low-risk DeFi vaults — that extend the operational runway. Those steps are positive and real. They do not replace a plan. The DAO’s independent income is approximately $6,228 USD in the last 30 days. Direct DAO expenses include curation fees, Council compensation, gas fees, and bug bounties. The Foundation vesting holds $2,853,947 releasable and $7,449,262 unvested — and ends February 2030. When it ends, the primary funding source that has sustained operations since 2020 ends with it. The community that has built here, governed here, and invested here deserves to know what they are building toward. The people being invited to join Decentraland today deserve the same answer. This proposal does not claim to have all the answers. It asks for the structured process that will produce them — before it is too late to act on what that process uncovers. This proposal directs the DAO Council and is addressed to the community. It invites Regenesis Labs to participate within their existing mandate. It asks — but cannot compel — the Decentraland Foundation to participate and share any existing plans of their own, with the understanding that a DAO proposal is not binding on the Foundation as a separate legal entity.