Executed

Funding Proposal for Contributor Payment Budget


ID 768597...5021

ID 768597...5021

Proposed on: May 5th, 2025

Proposed on: May 5th, 2025

Result details
Final Votes

Quorum

31.57M of 26.08M

Majority support

Yes

For

31.57M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x968D...eC19

transfer(..)

Custom

Account

0x968D...eC19

Method

transfer(..)

Proposal

This proposal seeks DAO approval and transfer of funds to pay core and outside contributors for the further development of the protocol and variuos other management/marketing activities. As per discussions in chat channels and proposal on governance forum only INT tokens will be used for compensating contributors:

https://gov.theinternettoken.com/t/contributor-payment-budget/73

---

A maximum of 10M INT tokens per quarter limit will be imposed so 40M INT tokens budget should cover the costs for at least a year ahead. Preliminary estimates for the first quarter of 2025 are less than 5M INT.

Funds will be transferred to operational multisig wallet for further redistribution as needed:

https://app.safe.global/home?safe=base:0x0C02d2D320C62d4088840a459fE8862C802fbA78

Final Votes

Quorum

31.57M of 26.08M

Majority support

Yes

For

31.57M

Against

0

Abstain

0

Final Votes
Status

Mon May 5, 08:52 am

Draft created

Mon May 5, 08:52 am

Published onchain

Tue May 6, 08:52 am

Voting period started

Fri May 9, 08:52 am

Voting period ended

Fri May 9, 12:42 pm

Proposal queued

Sat May 10, 04:32 pm

Proposal executed