.@kpk_io was allowed to die quietly at Aave & Lido
Kpk was publicly executed by Gnosis
It kicks harder when the parent executes its child publicly.
Gnosis just had its Aave <> Gauntlet moment. Hopefully, the next service provider is paid more like an employee via B2B arrangement rather than as a completely independent profit driven service provider.
More generally, this serves as reminder that working for DAOs and operating in public is hard. Everyone watches on and everyone has an opinion.
This type of public execution is all but company/moral destroying. But you couldn’t tell from DevCon where Kpk appeared to have already set it sights on the new frontier.
Few remember when Llama, also executed publicly at Aave after focusing on product development rather than delivering services. That entity was sunset the following year. Kpk will likely survive, but the path got a lot harder.
Next will be the talent that hasn’t already jumped leaving for greener pasture.
There is a meta point to be made here beyond the exact situation.
When a DAO directly hires a service provider, and that provider isn’t living up to expectations, then there are two routes:
- Wait for the term to end and do not renew,
- Public vote to terminate the services
It is much easier to do the former over the latter to avoid embarrassment and drama, but it also comes at a financial cost.
If there is a public firing, then it’ll make other SPs be more reluctant to engage with DAOs to avoid future PR issues.
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