All wind-down progress reports and status updates will be posted in this thread. For detailed background on the DAO-termination process and objectives, please review the forum discussion here: https://forum.cosmos.network/t/proposal-draft-terminate-aadao-mandate-and-operations-within-60-days/15701/53 . June 2025 Staffing & Compensation Role | FTE % | Monthly Compensation | Grants Reviewer | 40% | $3,500 | Operations Coordinator | 40% | $2,200 | Venture Specialist | 40% | $3,520 | Grants Lead | 40% | $3,520 | Internal Auditor & Accountant (Oversight) | 25% | $3,520 | Elected Member (Oversight) | 35% | $4,200 | Marketing & Communications (Contractor) | 9% | $435 | Reduction: Venture Specialist and Grants Lead roles eliminated effective June 30, 2025 . July 2025 Staffing & Compensation Role | FTE % | Monthly Compensation | One-Time Additional Compensation | Grants Reviewer | 50% | $4,375 | $2,500 | Operations Coordinator | 55% | $3,025 | $2,500 | Internal Auditor & Accountant (Oversight) | 35% | $4,550 | — | Elected Member…

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The data loss part makes me furious.

Thanks for the report Grace!

Cosmos_Nanny:

Grants Reviewer 50% $4,375 $2,500

Grants reviewer getting over 4k a month is honestly disgusting. Never responded to their emails as it is. Highly convinced this whole thing was just a slush fund for these guys pals. Easiest 50k/year anyone’s ever received.

We would like to request an update on the expenditure breakdown for August and September @Cosmos_Nanny .

It is important to note that the DAO was expected to be closed well before this point. The repeated extensions are beginning to feel like an unnecessary drag, and it may soon fall upon the community to take a definitive stance to bring this process to a conclusion.

First, my apologies for the delayed response. I’ll share a full expenditure update tomorrow. At present, there are no active core contributor members. The only individuals receiving remuneration are myself and Matt Brown (Financial Controller & Auditor) – and our compensation varies from 25% - 50% FTE since end of July. Delisse Gamboa, the Operations Associate, and @CuriousJ were compensated through mid-August and received a one-time payment of 2,500 USDC each to ensure continued availability for proposal reviews and signing activities on DAODAO through December 2025. (Oversight members can’t simultaneously create and authorize payments.) At this juncture, I’m directly reviewing grantee milestone deliverables, and when satisfied, payment proposals are created by me, and subsequently approved by Delisse and Joni. Some good news: the grants portion of the program may be fully concluded by the end of this month (rather than Dec). In addition to standard administrative and closure activities, two substantive matters remain: • Return of Assets: The 450,000 ATOM liquidity position on Astroport/Stride (via Proposal 800) must be returned to the Cosmos Hub (more details on…

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Thank you for your response. We look forward to a swift resolution of the “Return of Assets”, which we anticipate will mark the final milestone before the trust’s termination. This step should effectively close what we can now consider a failed experiment. It is time to move forward.

FYI – the Trust cannot be terminated until all investment agreements reach maturity (projected end date: December 2028). Lemma LTD will remain the BVI Trustee, and allocated $40,000 grant to cover incidental administrative and legal costs for the next 2+ years. Any unsed funds from this grant will return to the community pool at end of Trust’s term. The Trustee is to provide expense reports directly to Cosmos Labs’ @Mag

Any balance that remains from Proposals 95 and 865 will return to the pool with closure of all grant activites – am aiming to close out all active grants by the end of this month (pending grantees’ responsiveness and cooperation).

FYI

Community Update: Clarifying AADAO “Sunset” (again), Funds Return Process, & Current Financials. Several community members have asked why AADAO funds were not immediately returned to the Cosmos Hub cp following AADAO’s “sunset” announcement last year. It’s a fair question, and stems from a persistent misunderstanding triggered by the day AADAO used the word “sunset” a year ago. I’ve addressed this multiple times across multiple channels. I sincerely hope this is the last time I have to do this. Inshallah . What “Sunset” Actually Meant When AADAO core contributors announced a “sunset”, they were not dissolving the DAO or ending operations . In reality, the only thing that was being retired was the core team’s collective will to seek renewal funding from the Hub. Unfortunately, the term “sunset” implied a full and imminent shutdown, but that’s not what happened. In practice, AADAO remained operational after the “sunset” announcement. Between October and December 2024, the DAO approved $1.9 million in new grants, including roughly $588,000 in venture-related funding. Screenshot 2025-10-25 at 7.51.11 PM 1448×1074 75.3 KB For more on these late-term approvals…

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Hey everyone! Reading through the detailed update on AADAO’s “sunset,” I’ve put together a quick summary to help clarify things. Hope this helps! • “Sunset” Misconception : When AADAO announced its “sunset” last year, it wasn’t an immediate shutdown. Operations continued, and they even approved $1.9 million in new grants with payments extending into late 2025. This wasn’t a full and instant halt. • Fund Return Delays : Funds couldn’t be returned immediately due to active contracts, pending milestones, and ongoing administrative commitments. These obligations needed to be honored. • AADAO Funding Overview : AADAO received a total of 1,563,811 ATOM from the Cosmos Hub through Proposals 95 and 865. They also manage a 450,000 ATOM POL deployment from Proposal 800. • SubDAO Wallet Activity : * StratComm Wallet : This wallet has been officially closed, and 216,310 ATOM and 80,591 USDC were returned to the cp in July 2025. * Operations & Grants Wallets : These currently hold ~$1 million combined. The remaining balance will be returned once all outstanding grant and administrative obligations are completed. 11 grants were active in July; 8 have since been discontinued or…

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Thank you for the update Grace! Much appreciated

Thank you, @Cosmos_Nanny for the updates and your efforts to ensure clarity and transparency. However, we have some concerns:

1. Is there a document or archive where we can view reports of the grants that have been approved so far? Specifically, we are interested in understanding why these grants were approved and how the funded projects have been utilized. If such information exists, please direct us to it.

2. We would like to understand what it would take to have something like an “AADAO Sunrise.” We propose creating a “Sunrise Council” responsible for restructuring the DAO in all areas, making it more organized and prepared for a V2 sunrise by Q2 of 2026.

@Cosmos_Nanny Please we still await your response

They’re all in the transparency reports: Transparency Report #5 – Atom Accelerator DAO

Update

All core contributors vacated grants/ventures program by end July 2025. At that time, the DAO was left with $542,412 in outstanding obligations.

After discontinuing grants, cutting milestones, and renegotiating service agreements for early termination, 3 months of oversight involvement in drawing down unfinished business generated $328,412 in net savings.

~$1M+ going back to Hub cp by Wednesday, November 26, 2025.

I’ll provide a more detailed report as to what was cut, and where next wk.

@Matt_Brown will post closing financial statements to this thread.

@RoboMcGobo can you provide an update on stake of unstaking wrt to 450,000 ATOM LP via Proposal 800?

Cosmos_Nanny:

I’ll provide a more detailed report as to what was cut, and where next wk.

First of all thank you, we look forward to this final report.

We assume the delay may be attributable to the holiday period. That said, we are now in 2026 and there is a shared expectation to receive the final report so this matter can be conclusively closed. For this reason, we are considering posting a brief follow up to this thread to bring the topic back into focus and refresh collective memory.

Hello - An update from the financial reports here - after all expenses and grant renegotiating discontinuation, AADAO has nearly $1 million dollars in USDC and ATOM to return to the community pool. This is ready for a grant proposal to transfer back to the community pool. As a result of the efforts to sunset the organization, we approximate $330,000 in net savings.

Operational Committee Wallet -“https:/daodao.zone/dao/neutron1t8esqdrptfxj9th28ysa9cnxlnnhmrsukl4vlsjp7207vs8adpfqhfu4s3/treasury”
Grants Committee Wallet -“https:/daodao.zone/dao/neutron10xwzc88kefwtlup9c2tmw4mj4ng7u79g8lsapp0c9jc02xt247zqwzzghf/treasury”

Strategy Committee Wallet: https:/daodao.zone/dao/neutron1rxul9vzdct7ksvf0cvccf02ukg0phun6s2hfneg35hxm7ldmtu6s7pdav7/treasury

For some reason I cannot post pictures, images, or links here.

mattatom:

Hello - An update from the financial reports here

To be clear – update above is provided by Matt Brown, AADAO Accountant & Auditor, and member of Oversight Committee. He’s been in the role since Jan 2025

@mattatom would be super helpful if you can also share (via forum) financial statements (Income Statement, Balance Sheet, Cash Flow Statement) for July 2025 and December 2025. Thank you.

mattatom:

This is ready for a grant proposal to transfer back to the community pool.

For clarity: the residual funds held in the Grants subDAO wallet are being consolidated with the funds in the Operations subDAO wallet. Once consolidation is complete, a single DAODAO proposal is sufficient to remit all outstanding and consolidated funds back to the Community Pool.

The return of unused assets does not require a Cosmos Hub governance proposal.

The DAODAO proposal will be created by @ Gravts subDAO member (@CuriousJ ) and requires signature from Delisse Gamboa (Operations Associate) in order to pass.

Once executed, @mattatom / @CuriousJ could you please post the transaction link in this thread showing the full return of all funds to the Pool?

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mattatom: $330,000 in net savings The cost savings are due to the cancellation and rescoping of grants. July 2025 - December 2025: Grants Summary Note on Terminology Terminated: The grant or agreement term concluded with one or more milestones cancelled. AADAO has no remaining payment obligations or financial commitments. Complete: All milestones delivered, and all associated payment obligations have been satisfied. Grant Title: “Delta-Neutral Vaults for Hydro” Status: Terminated Grantee: Margined Protocol Grantee Representative: Max (Friedrich) Graber Hydro Representative: Thyborg Link: https://daodao.zone/dao/neutron10xwzc88kefwtlup9c2tmw4mj4ng7u79g8lsapp0c9jc02xt247zqwzzghf/proposals/A185 Summary Following extended engagement with the grantee, AADAO Oversight determined that the Margined Protocol grant could not be completed as approved by the AADAO Grants and Hydro teams. The decision to terminate the grant was based on the following factors: • Material non-performance: The revised Milestone 1 deliverable, production-ready vault, remained incomplete several months beyond the agreed timeline. • Risk to user funds: Users experienced…

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mattatom:

For some reason I cannot post pictures, images, or links here.

@qxnico can you help? Matt’s forum account is new, iirc admins have a workaround for this

@Cosmos_Nanny Thanks for the clear summary!

Cosmos_Nanny:

executed, @mattatom / @CuriousJ could you please post the transaction link in this thread showing the full return of all funds to the Pool?

I will share it & was going to share earlier, I just can’t post any hyperlinks or images here - thank you for posting the previous one for me!

We will also post the resulting transactions once completed.

All unused funds from AADAO subdao wallets have returned to the Cosmos Hub Community Pool.

These following proposals were created and signed by @CuriousJ and Delisse Gamboa (Operations Associate).

Grants:

$890,209.88 USDC:

DAO DAO

Create a DAO to manage your community, protocol, or entire blockchain in just a few clicks. We support multisig, token-based, and NFT-based DAOs that can be as simple or complex as you want. Set up SubDAOs, manage interchain assets, and interact with...

1,503 ATOM: DAO DAO

Ops:

$98.3k USDC:

DAO DAO

Create a DAO to manage your community, protocol, or entire blockchain in just a few clicks. We support multisig, token-based, and NFT-based DAOs that can be as simple or complex as you want. Set up SubDAOs, manage interchain assets, and interact with...

@mattatom just a friendly reminder to add the financial statements here, thanks

Community Gatherings Update As part of the grant commitment, we planned to host 12 community events by the end of 2025. To date, we have completed 3 events, reaching 120+ total participants. What’s been delivered so far: • 3 community events completed • Venue setup finalized • Cosmos-branded materials prepared (banners, mats, visual assets) • Consistent engagement and feedback from attendees We currently owe the community 9 additional events. While it would be possible to run these at a fixed cadence (e.g. 1 per month), we made a deliberate decision not to rush execution under sub-optimal conditions, at our own expense. At the moment: • Overall crypto market sentiment is weak • Cosmos Hub visibility and local momentum are lower Forcing events now would likely result in very reduced participation and impact, which does not serve the community or the intent of this grant. What’s next: We are planning one additional event in late February or early March with the theme: Cosmos Direction & Community Discussion Goal: real dialogue, feedback, and alignment rather than attendance-for-the-sake-of-attendance After this session, we will reassess conditions…

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Hello All - Apologies for the Delay, was waiting for permissions to post embeded links and photos.
Please see atached the Financial Statements for the AADAO upon returning all of the funds to the Community Pool.
Please note that there is no balance sheet attached as there are no line items remaining.

DoraHacks team has returned 24,000 ATOM (unused balance from 80,000) originally allocated under Proposal 917

Mintscan

Interchain block explorer and data analytics for sovereign blockchain networks.

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