QIP-0042 · active

Expand Eindhoven facility capacity by 1,200 mallards

Authorize the Custody Subcommittee to expand Pond #1 (Eindhoven, NL) by 1,200 mallards, financed from the DAO Treasury at a unit cost not to exceed $612 per mallard.

Proposer

0xMallard.eth

Posted

Apr 12, 2026

Closes

Apr 26, 2026

For

12,483,921

Against

2,104,882

Abstain

184,022

Rationale

Eindhoven custody utilization has averaged 94% over the trailing four quarters. The Custody Subcommittee recommends expansion to maintain operational headroom of 15-20% per the Q3 2025 Risk Framework.

Proposed action

Allocate up to 0.18% of Treasury reserves for facility expansion. Construction is expected to complete prior to Q3 2026 attestation.

Risk factors

Construction delays, regulatory inspection delays, and seasonal mallard intake cycles may affect timing. See the Q1 2026 attestation for current capacity figures.