This vote serves to ratify this Snapshot vote which approved the movement of $2,646,608 from the Gitcoin Treasury to the Grants Lab multisig.

This budget proposal is a follow up to the Grants Lab H2 Strategy, posted earlier this week: H2 Proposal [Strategy] - Grants Labs 3

This budget proposal covers H2 2024 (July - December.) We want to be lean, but not hungry, with our overall budget. We have trimmed down expectations for travel and miscellaneous expenses for H2 2024. We only have two anticipated new hires, a Principal Engineer and a Social Media Manager. We expect to cease hiring for the next 6+ months after the positions are filled – we have put a huge effort into filling key leadership roles at the start of this year, exiting folks who are not aligned with our talent bar or mission, and now have the resources we need to succeed.