Executed

2025 Grants Lab Budget


ID 375431...8483

ID 375431...8483

Gitcoin

Gitcoin

Proposed on: Jan 24th, 2025

Proposed on: Jan 24th, 2025

Result details
Final Votes

Quorum

3.17M of 2.5M

Majority support

Yes

For

2.46M

Against

0.2

Abstain

709.8K

Actions

Type

Address

Details

Custom

0xDe30...163F

transfer(..)

Custom

Account

0xDe30...163F

Method

transfer(..)

Proposal

This vote serves to ratify this Snapshot vote which approved the movement of $5,232,330 USD (8,759,999.20 GTC) from the Gitcoin Treasury to the Grants Lab multisig. We will request 50% of this now and remaining 50% before the end of H1.

This budget proposal covers the full year of 2025. The budget requested is $4,831,109 with anticipated revenues of $2,323,027. We will also request $401,221 for reserves (calculating total reserves at 20% with current treasury of $565,000.)

Final Votes

Quorum

3.17M of 2.5M

Majority support

Yes

For

2.46M

Against

0.2

Abstain

709.8K

Final Votes
Status

Fri Jan 24, 05:47 pm

Draft created

Fri Jan 24, 05:48 pm

Published onchain

Wed Jan 29, 04:15 am

Voting period started

Mon Feb 3, 06:39 pm

Voting period ended

Wed Feb 5, 02:44 pm

Proposal queued

Fri Feb 7, 04:36 pm

Proposal executed