# \[DIP-59\] — Amendment to and Extension of DIP-31: Network Stewardship Efforts & Budget by SSV Labs **URL:** \ **Category:** DIP (DAO Improvement)\ **Created:** [October 21, 2026, 7:48pm UTC](https://forum.ssv.network/t/dip-59-amendment-to-and-extension-of-dip-31-network-stewardship-efforts-budget-by-ssv-labs/2186 "2026-10-21T19:48:08Z")\ **Posts on this page:** 1\ **Showing post:** 3
**Author:** ![BenAffleck](https://yyz2.discourse-cdn.com/flex030/user_avatar/forum.ssv.network/benaffleck/32/19_2.png) [@BenAffleck](https://forum.ssv.network/u/BenAffleck)\ **Post date:** [October 27, 2026, 3:08pm UTC](https://forum.ssv.network/t/dip-59-amendment-to-and-extension-of-dip-31-network-stewardship-efforts-budget-by-ssv-labs/2186/3 "2026-10-27T15:08:50Z")
Hey @h.m.23-0NEinfra, These are excellent questions! Answers inline. > [@h.m.23-0NEinfra](#): > > 1. With limited stablecoins left after the 1.5M USDC payment and network fees going to stakers, minting looks like the main way to cover the ~1M+ SSV shortfall under DIP-59. Could the Foundation share an estimate of total SSV issuance through December 2027, and has returning part of network fees to the treasury been considered? Yes, minting is the primary income source. Fortunately, we started the year with a relatively large treasury (see [MoC Report: Update on the 4-year DAO Budget [Evergreen]](https://forum.ssv.network/t/moc-report-update-on-the-4-year-dao-budget-evergreen/2113)), which has allowed the DAO to operate without any token emissions since April 2026 in direct response to market conditions. The DAO continues to keep emissions as low (basically zero) for as long as possible. Given the IMP expenses, grants, and Foundation funding, we expect to operate at zero inflation for another 3-6 months. Without the labs grant, we’ve estimated around **13.54%** inflation for the next 12 months. This relatively low inflation rate assumes extra income from [DIP-52](https://forum.ssv.network/t/dip-52-ssv-network-asset-management-policy/2118) and a potential participation of the DAO in SSV staking (a low single-digit percentage). This requires a DAO vote, and nothing is decided yet, but it is the base case. > [@h.m.23-0NEinfra](#): > > 1. We understand why the security interest gives SSV Labs certainty in this market. Could the Foundation explain what the ~$900k Indemnity Funds currently cover, and confirm whether Labs can draw on them only when exercising the Conversion Option? The $900k Indemnity Funds were set aside long ago to protect the SSV DAO Multisig against legal claims. However, the regulatory landscape has changed significantly, risk has decreased, we have more clarity, and we believe we can put these funds to work (yield generation and collateral). The Foundation also signed for D&O insurance to protect Multisig members independently of the $900k. SSV Labs can only draw on the funds when exercising the conversion option. We’re enforcing this with a Safe setup that prevents either party from moving the funds outside the conversion. > [@h.m.23-0NEinfra](#): > > 1. Could the Foundation publish a projected treasury balance as of July 1, 2027, assuming DIP-59 passes? Early thoughts on sustaining maintenance after June 30, 2027 would also help the community plan ahead. Here’s a projection we just finished, assuming the current treasury size, the DAO’s SSV staking, approval of the Labs grant, and the massive cost-cutting the DAO and the Foundation have already implemented. **TL;DR:** The base case is to have a fully funded 2027 with the inflation rate as low as described above and enter 2028 with a USDC balance of $551.7k, which would guarantee a fully funded 2028, assuming the market stays the way it is (rather bearish). ![image](https://canada1.discourse-cdn.com/flex030/uploads/ssvnetwork/original/2X/a/ac04c067d1177c2520095574e24a5d91f1ce3797.png) Let me know if you have more questions. Thanks a lot! --- _[View the full topic](https://forum.ssv.network/t/dip-59-amendment-to-and-extension-of-dip-31-network-stewardship-efforts-budget-by-ssv-labs/2186)._