Executed

FDD S15 Budget Proposal


Proposal ID

35

Governor

Gitcoin (deprecated)

Proposed

Aug 29th, 2022

Result details

109 addresses

4.91M votes

2.1M

892.24K

Final Votes

Quorum

Pending

Majority support

Yes

For

4.91M

Against

0

Abstain

0

Actions

Type

Address

Details

Proposal

Based on the process of discussion on the governance forum and the subsequent passing snapshot vote of funding FDD $349,500 for S15, we are now moving this onchain to Tally as a simple vote to release the funds or not.

This vote is for the release of 217,597 GTC to fund the FDD Season 15 budget to the FDD Primary Multisig at: 0xD4567069C5a1c1fc8261d8Ff5C0B1d98f069Cf47

Proposal History Governance Forum (full budget request): https://gov.gitcoin.co/t/s15-proposal-integrated-fdd-budget-request/11224 Snapshot: https://snapshot.org/#/gitcoindao.eth/proposal/0x8a9aecd06894687d7c527d1ec2fff09bdbcb2ed82ef3e761413f84a3e0c6d767

Budget Breakdown Season 15 Budget Total = $349,500

  • Season 15 Reserves = $233,000 = Season 15 Total Needs = $582,500
  • Season 14 Reserves = $147,157* = Total Request = $424,305

The total request of $435,195 = 217,597 GTC**

*FDD received $220,000 in reserves at $2.99/GTC with its S14 budget. This amount was not spent prior to the end of the season. At a current price of $2.00/GTC the amount to return to treasury is $147,157.

**The GTC total will be adjusted based on the current market value at the time this proposal is moved to Tally. The vote will be to send the requested $USD amount in GTC at the lower of the current price or the 20 day moving average, whichever is lower.

Final Votes

Quorum

Pending

Majority support

Yes

For

4.91M

Against

0

Abstain

0

Final Votes

109 addresses

4.91M votes

2.1M

892.24K

Status

Mon Aug 29, 04:21 pm

Draft created

Mon Aug 29, 04:20 pm

Published onchain

Tue Sep 13, 01:16 am

Voting period started

Sun Sep 18, 03:40 pm

Voting period ended

Wed Sep 7, 07:07 pm

Proposal queued

Mon Sep 12, 02:22 pm

Proposal executed