Version: 6.15
Status: Draft — proposed revision for VST and block producer review
Date: 2026-10-18

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Summary — what you are voting on

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Purpose

MSIG #4 authorized a working group to write an RFP Framework, and required that the final Framework be approved by at least 15 of 21 active block producers before it could be used. This MSIG approves that Framework and puts it into effect.

It also reconstitutes the Oversight Committee as the Steering Committee, gives that Committee a bounded mandate to make RFP funding decisions for the Network, and asks the Treasury to fund the program.

Definitions

• Committee — the Vaulta Network Steering Committee.
• Framework — the Vaulta Network RFP Framework, Exhibit A.
• Program Account — the on-chain account holding program funds.
• Committee Permission — the multisignature permission through which the Committee moves those funds.
• Mandate — the authority granted in Part C.
• Threshold — approval by not fewer than 15 of the 21 active block producers.
• Reference Rate — the rate used to convert USD amounts into A at the time of the relevant action, using the Delphi Oracle or the CoinMarketCap fallback under Framework 13.4.
• Program Costs — Committee pay, Manager and Reviewer fees, Portal and administration costs.
• Total Program Spend — amounts committed to awardees plus Program Costs.
• Portal — the RFP portal authorized under MSIG #4.

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Resolved clauses

Part A — Approve the Framework

RESOLVED, that the Vaulta Network RFP Framework in Exhibit A is approved; the Portal is established as the official publication platform for RFPs, the needs backlog, award decisions, the objection register, meeting minutes, and cycle reports; and VS LLC must maintain and administer the Portal.

FURTHER RESOLVED, that the working group established under MSIG #4 is discharged, having completed its work.

Part B — The Steering Committee

FURTHER RESOLVED, that the Oversight Committee is renamed the Vaulta Network Steering Committee; the same Committee body continues, retaining its records and indemnification rights; and the new name applies to references in the Trust Agreement, prior MSIGs, the VS LLC Operating Agreement, and other Trust documents.

Appointments

FURTHER RESOLVED, that this Resolution fills none of the five Steering Committee seats; members must be appointed on their own merits by separate MSIG Resolutions that meet Exhibit E’s requirements and are approved at the Threshold, with Community-seat selection under Framework section 4.

FURTHER RESOLVED, that a further MSIG Resolution may correct an appointment executed in error.

Transition until all five seats are filled

FURTHER RESOLVED, that Dafeng Guo (Vaulta Treasury), Ross Dold (EOSphere), and Francis Sangkuan (1DEX) continue the former Oversight Committee’s Trust oversight duties only until all five Steering Committee seats are filled, when their unpaid transition service ends; Ross Dold may be separately appointed, while Dafeng Guo remains subject to the Treasury exclusion in Framework 2.4a; and until then the RFP mandate must not be exercised, no RFP may be published, and no award may be made. This transition rule supersedes MSIG #2’s reference to “the remainder of Dario Cesaro’s Initial Term”.

Part C — The Mandate

FURTHER RESOLVED, that the Committee is authorized to award funds, select vendors, and create payment obligations on behalf of the Network, subject to the Framework's rules and limits.

Part D — Limits and denomination

FURTHER RESOLVED, that the Committee’s award commitments and program spending are subject to the following limits:

FURTHER RESOLVED, that the post-award review threshold under Framework 25.2 is 25% of the Per-Award Limit, currently USD 25,000, and must be reset when that Limit changes; reviews must be summarized in the next cycle report.

Everything is denominated in USD. Everything is paid in A.

Part E — The Program Account and how payments work

FURTHER RESOLVED, that payments from the Program Account must observe the following delays before execution:

FURTHER RESOLVED, that VS LLC must develop and configure the Program Account, Committee Permission, and the disclosure, decisions, and publications registers on disc.vst according to Exhibit D, and publish Exhibit D with its required configuration and completed deployment record before funding.

FURTHER RESOLVED, that payments must use the eosio.msig execution delay if available, or otherwise the held-multisignature fallback in Exhibit D section 2.3, observing the same delay windows and objection rules and the verified execution-guard requirement in Framework 10.7.

Part F — The Community seat

FURTHER RESOLVED, that ECF is asked to publish its process by [___] and complete the first vote by [___], subject to the nine-month appointment deadline and fallback in Framework 4.6.

Part G — Program roles and VS LLC

FURTHER RESOLVED, that the program must not rely on the RFP platform or Portal code until the rights and repository requirements in Framework 15.2a are met.

FURTHER RESOLVED, that VS LLC's RFP administration costs are charged to Program Costs, separately from the CY2026 VST operating funding under MSIG #3.

Part H — Committee pay

FURTHER RESOLVED, that each of the five Committee members has a fixed USD 2,500 monthly retainer, paid in arrears in A using the Reference Rate when payment is proposed, subject to Framework 13.4–13.4a; and no per-meeting fees, success fees, or payments tied to an award's size, number, or outcome are authorized.

FURTHER RESOLVED, that the cap under Framework 12.6 is 3 concurrent Technical Reviewer engagements per member.

FURTHER RESOLVED, that Committee pay must be revisited at the annual review under Framework 14.3.

FURTHER RESOLVED, that each member must use the Committee contract template in Exhibit F.

FURTHER RESOLVED, that Committee pay is funded through each cycle's transfer and continues only while block producers continue funding it.

Part I — Funding

FURTHER RESOLVED, that the active block producers request a first quarterly instalment of A worth USD 284,375 to the Program Account, calculated at the Reference Rate on the transfer date under Framework 13.4, from the Network's REX yield pool and Year 1 allocation, held at [___] (name the source account).

FURTHER RESOLVED, that the program does not begin if the request is declined, delayed, or only partly met: the Program Account is not funded, no cycle starts, the four funding-anchored initial terms under Framework 3.4 do not begin, and no pay accrues; the Community term still runs from appointment execution under that section; the Committee must report this publicly; block producers may re-scope the program to available funds.

FURTHER RESOLVED, that the transfer is a one-way contribution of Network funds, and any source pools held by the VST or VS LLC are released as Network funds, not as a Trust activity.

FURTHER RESOLVED, that USD 910,000 is authorized for the first four quarterly cycles, covering one year, comprising USD 600,000 for awards and USD 310,000 for Program Costs, subject to Part D’s limits, with another MSIG Resolution required for the next four cycles.

FURTHER RESOLVED, that the 25% funding margin provides no authority to spend or commit funds.

FURTHER RESOLVED, that later instalments within the first four-cycle funding period are authorized without a further vote, subject to Framework 13.1 and 13.4–13.4a; an instalment due during a payment suspension must be sized at the Reference Rate and transferred on resumption, not skipped.

FURTHER RESOLVED, that this Resolution does not settle the wider management of the REX yield and Year 1 pools, and the Committee does not represent the Network for other funds.

FURTHER RESOLVED, that approval of this Resolution does not transfer or re-compete existing Treasury service contracts; either requires a separate decision.

Part J — Effect

FURTHER RESOLVED, that earlier MSIGs are overridden only where they directly conflict, and MSIGs #2, #3, and #4 otherwise remain fully in force.

FURTHER RESOLVED, that the Trust Agreement amendments needed to reflect the Committee's new name, size, and dual capacity are authorized; the Trustee must execute the text prepared by Trust counsel, without attaching or voting on that text here; and the VST and VS LLC are responsible off-chain for drafting, execution, and any conforming changes to VS LLC's operating procedures. This Resolution supplies the separate MSIG authorization required by vstcreation for these amendments.

FURTHER RESOLVED, that this Resolution takes effect on execution.

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Attachments