Executed

MMM S19 Budget Re-Post


Proposal ID

833704...0544

Governor

Gitcoin

Proposed

Oct 6th, 2023

Result details
Final Votes

Quorum

4.44M of 0

Majority support

Yes

For

3.39M

Against

646.45K

Abstain

1.05M

Actions

Type

Address

Details

Proposal

This is a re-post of a request for MMM's S19 budget.

The last transaction was sent to the GTC token contract instead of the MMM Multisig. Details of the incident have been outlined in this governance forum post: https://gov.gitcoin.co/t/incident-regarding-mistransferred-treasury-funds/16683

The original Snapshot vote link is here: https://snapshot.org/#/gitcoindao.eth/proposal/0xc8cea5df7b14e71ec91aa307837e1e86f7cd285a5037a517daac29e45e34bb2d

The Amended budget request can be found here: https://gov.gitcoin.co/t/s19-proposal-amended-mmm-s19-budget-request/16218

MMM is requesting funds to be able to pay contributors + opex for 2 months:

  • Sept: $105,000
  • October: $135,000 (this includes costs for DevConnect and severance payments)
  • Total: $240,000

Any funds leftover from this amount at the beginning of November will be calculated in MMM's S20 budget request, which will be staggering their budget request from the rest of Gitcoin.

GTC token price at the time of this request = $0.89 Total request = 269663 GTC

MMM's Multisig wallet address: 0xC23DA3Ca9300571B9CF43298228353cbb3E1b4c0

You can verify this by looking at the address book here: https://www.tally.xyz/safe/eip155:1:0xC23DA3Ca9300571B9CF43298228353cbb3E1b4c0

Final Votes

Quorum

4.44M of 0

Majority support

Yes

For

3.39M

Against

646.45K

Abstain

1.05M

Final Votes
Status

Fri Oct 6, 08:21 am

Draft created

Fri Oct 6, 08:20 am

Published onchain

Sat Oct 14, 06:57 am

Voting period started

Thu Oct 19, 09:21 pm

Voting period ended

Fri Oct 13, 08:36 pm

Proposal queued

Mon Oct 16, 03:56 am

Proposal executed