Formally request full financial transparency from the Interchain Foundation

I am in favor of a transparency rapport, I think pretty much everyone is. Although I do think it’s strange to submit this proposal the day after Catdotfish said they are planning to release the transparency report “in the coming week”. If anything you should have waited it out and submitted this proposal after that term passed; next week or something. A few days wouldn’t have made a difference.

That being said, I’ll vote No on this proposal for these reasons:

  1. No clear requirements have been stated on what this report should even contain or what “full transparency” entails. There is no reasonable way for the ICF to even satisfy this request because the ask is entirely unclear.
  2. The proposal contains incorrect facts and is phrased in a very divisive manner, for example, the No option is ridiculous. There are many other reasons to vote no. I definitely do not desire to “formally allow the interchain foundation to continue to operate in complete financial opacity”, and I’m fairly certain nobody else does either.
  3. This proposal has not received adequate feedback from the community, nor was a last call / deadline given for when the proposal will go online so that people would know feedback was due before that date. This is suggested in the forum guidelines, although not enforced. However, in this case I think it could have tremendously improved the proposal.

I think we can, and should, do better in Cosmos Hub governance.

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