Overview
This proposal faciliates the first of 3 grant payments to Revelo Intel to serve as the research and education partner of Let's Get HAI.
Details
Each grant payment is $6,000 paid in stablecoins. As the price of KITE is variable this proposal will transfer $6,000 + 10% to a newly created EoA.
Once the payment is completeh EoA will swap the KITE for $6,000 of stablecoins and send any remaining KITE back to the treasury.
This proposal has been posted and discussed in the project's forum: https://dao.letsgethai.com/forum?postId=f1f70356-4140-465b-8579-dbdd86552467
KITE price at time of proposal: $4.48
$6,000 / $4.48 ~= 1,339 KITE
1,339 * 1.1 = 1,472.9 KITE
This proposal will have 1 action
1. Send first Grant Payment to interim EoA.
EoA for transfer: 0xf88df574BA59ee26Dc7ce3b675B1702C9fce7551
Revelo funding address: 0x205049ec5f16d0d1824aa260dde647c8fcc18649
Contracts / Addresses referenced in this proposal
- Protocol Treasury -
0xDCb421Cc4Cbb7267F3b2cAcAb44Ec18AEbEd6724
