Axia Network — Delegate Communications Thread

Shutter DAO 0x36 SD 0x36 Delegates
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Axia Network is a delegate across DAOs in the EVM ecosystem. Axia is committed to growing alongside the ecosystem and contributing responsibly to each protocol’s long-term success.

Axia’s values emphasize supporting protocols through sustainable long-term growth, education, and strong oversight, while preserving decentralization by creating and sustaining pathways for community participation and meaningful checks and balances that ensure accountability and transparency across governance stakeholders.

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Provide a grant to brainbot gmbh (June 2026)

Rationale: Axia voted FOR a $107,000 grant to brainbot gmbh, for June, to continue advancing the Shutter ecosystem. Going forward, since brainbot gmbh has been requesting these funds from the DAO on a monthly basis, Axia would like to see increased transparency and accountability around how the captail was spent and the outcomes.

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Keyper Compensation Program — Renewal (6 months)

Rationale: Axia voted FOR because the first six months appear to validate the basic thesis that modest, standards-based compensation improved Keyper uptime and communication without creating a large budget burden.

The renewal keeps the important controls in place: 90% uptime, open communication, monthly review, and periodic DAO payouts, while shifting payment to SHU, which better aligns Keypers with Shutter’s long-term success.

Provide a grant to brainbot gmbh (July 2026)

Rationale: Axia voted For because brainbot remains a core contributor to Shutter’s research, development, and ecosystem work, and the follow-up context helped clarify the request.

The added breakdown across workstreams, FTE focus areas, and cost categories gives delegates a better basis for judging whether the $107k request is reasonable.

We also appreciated the clarification that the current priorities are tracked on a trimester basis, with most items either complete or on track and none currently marked as not achievable. For recurring DAO support, that kind of light-touch reporting is important.

We support continuing funding here, while encouraging brainbot to keep connecting monthly updates back to funded priority areas so the DAO can track progress and treasury use over time.

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TEMP CHECK: Migration to a New Onchain Governance Platform

Vote

#1 Cactus → # 2 Anticapture → #3 Snapshot X

Rationale

Axia voted Cactus first, with a disclosed COI related to Cactus.

Cactus put forward the clearest migration proposal, including a concrete path to modern OpenZeppelin Governor contracts, support for the existing SHU token, migration/testing steps, and ongoing frontend support. Given that governance execution is critical infrastructure for the DAO, Axia preferred the option with the most explicit implementation plan and lowest ambiguity around what the DAO is approving.

Axia ranked Anticapture second because it is already live, requires the least migration effort, and can support the current governance contracts. However, Axia still has concerns about tying ongoing maintenance/support to approval of a separate retroactive security grant for work the DAO did not request in advance. This should be clarified before the onchain vote.

Axia ranked Snapshot X third because, while Snapshot is a credible governance provider and important partner to Shutter, there was minimal information publicly available on the full cost, scope, or implementation path.

Since this was a temperature check, Axia would like to see more detail from each provider before any onchain vote, including implementation scope, cost, support terms, SLA, migration risk, and long-term maintenance expectations.

TEMP CHECK: Migration to a New Onchain Governance Platform

Vote: No

Axia agrees that Shutter DAO 0x36 should be thinking about runway, treasury composition, and how to preserve non-SHU assets over time. However, Axia does not think a discretionary USDC → ETH swap is the right next step while the DAO lacks a clearer legal/entity structure.

The DAO is already deploying USDC into an onchain Steakhouse/Morpho vault, which may be a reasonable treasury action. But the fact that a strategy is onchain does not remove the broader issue: Shutter DAO 0x36 is actively managing treasury assets, and that creates responsibilities and potential risk for the DAO and delegates.

Axia is also cautious about reducing the DAO’s liquid USDC reserves. The DAO needs stable assets on hand to pay grants, service providers, and other operating expenses that my come up. ETH exposure may be useful in some contexts, but it should not come at the expense of near-term payment flexibility or stable runway.

Axia’s concern is less about whether ETH is the right asset and more about structure and sequencing. Before the DAO expands from stablecoin deployment into discretionary asset allocation, it should clarify whether a legal entity is needed to support treasury management, reduce ambiguity for delegates, and expand the DAO’s investment options over time.

A legal/entity structure could also give the DAO more optionality beyond direct onchain actions, including access to additional treasury-management tools and counterparties that may not be available to an unwrapped DAO.

This is not an argument against ETH exposure permanently. Axia would prefer the DAO first address the structure, accountability, and stable reserve questions around treasury management, then evaluate whether ETH exposure is appropriate.