/ OIP-43
Rejected
Move 5% of the treasury into short-term bonds
Hold 5% of the treasury in government bonds with less than a year to maturity, to earn a steady return on money that is waiting to be paid out as grants.
For
39%
Against
58%
Abstain
3%
Quorum reached · 8.9% of staked ORL voted
Author
Community member
Voting ends
12 Oct 2026
Budget
None
?
The proposal
The author asked the foundation to buy Swiss and US government bonds of under 12 months through a Swiss bank, up to 5% of the treasury. The aim was a steady return on money that sits for a year or more before it goes out as grants.
The case against
Most of the 58% who voted against made the same two points on the forum. Bonds held at a bank could not be checked on chain like every other part of the treasury. And staked ORL already earns 4.8% a year, more than short bonds were paying.
What happens next
Nothing moves. The council will publish a note on how the treasury holds its reserves with the annual report in January. The author has said a smaller version, using bonds issued on chain, may come back next year.
Budget
This proposal changes a rule and spends nothing from the treasury.
Draft
28 Sep
Discussion
29 Sep to 5 Oct
Vote
Until 12 Oct
Execution
Not executed
