QIP-0040 · active
Quarterly auditor ratification
Ratify KPMQ LLP as Protocol auditor for the period Q2 2026 through Q1 2027, subject to annual review.
- Proposer
- 0xGovernance.eth
- Posted
- Apr 1, 2026
- Closes
- Apr 29, 2026
- For
- 8,400,000
- Against
- 1,200,000
- Abstain
- 220,000
Rationale
KPMQ LLP completed the Q1 2026 comprehensive audit with no findings. Quarterly ratifications ensure auditor accountability and allow the DAO to evaluate performance continuously. Renewal for the next four quarters is recommended based on demonstrated competence and familiarity with DAO operations.
Proposed action
Authorize continuation of KPMQ LLP as the protocol auditor through Q1 2027. Audit scope remains unchanged: quarterly operational attestations, annual comprehensive review, and ad hoc risk assessments as requested by the Custody Subcommittee. Annual fee of 0.015% of Treasury reserves.
Risk factors
Auditor continuity reduces transition costs but may reduce independent scrutiny if practices become routine. Mitigation: formal scope updates and rotating lead audit teams annually.