I think this is an improvement and thanks to the hard work of all involved @Trewkat @hirokennelly @links @ernest_of_gaia.
I still have concerns that would like to see addressed in future gov updates.
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can someone submit a governance/funding proposal at any time? i.e. are there deadlines? what is the timing cadence for proposals?
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I believe the Code of Conduct is insufficient in current state. There should be a single council/board + policy whose responsibility it is to arbitrate disputes with binding effects should they arise in Bankless DAO ecosystem. This could fall on the Vault multisig signers or grants committee or Ombuds. Up to this point, Ombuds declines the responsibility and defines their role strictly as councilors with no binding enforcement ability.