Depreciating a Department

Criteria and circumstances:

  • Depreciating a department can be decided by representatives before being put to a governance vote.

Moving Funds:

  • The representatives need to decide where to send any remaining funds too. This could be another department (if merging or a responsibilities are changing) or the the Treasury.

  • In Apps there is a "Drain Account" application if there are multiple tokens or assets in the department.

Deleting the SAFE:

  • Find the SAFE at List of SAFEs

  • Go to Settings / Safe Details

  • Click "Remove SAFE"

  • Confirm the transaction

  • Get a second representative to confirm the transaction

  • Execute the transaction.

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