GnosisDAO Terminates Treasury Management Agreement with Karpatkey Following Community Vote

GnosisDAO has decisively cut ties with Karpatkey (KPK), its treasury management partner, after an 88% governance vote revealed DEEP dissatisfaction with the firm's performance, costs, and risk alignment. The immediate termination triggers a strict 14-day asset handover period, marking a pivotal shift in the DAO's approach to financial stewardship.

The treasury will temporarily consolidate into wstETH, sUSDS, and Gnosis Ecosystem tokens while the DAO formulates a new strategy. This move underscores growing scrutiny of third-party vendors in decentralized governance, as evidenced by the Snapshot-approved GIP-143 proposal that forced the breakup.

The transition demands full documentation transfer from Karpatkey, setting a precedent for accountability in DAO-vendor relationships. Market observers note the decision reflects maturing governance standards as decentralized organizations increasingly assert control over their financial operations.