The Grants Council plays an important role in the Collective and is assumed to persist unless a Council Dissolution Proposal is passed.

The Token House must vote on a Council Operating Budget, thereby renewing the Council for another Season and electing the proposal author as Council Lead. Delegates are effectively electing the Council Lead that has authored an approved budget.

The sole proposed Grants Council Operating Budget is proposed by Lund Ventures (Dane Lund) with a proposed operating budget of 440k OP: https://gov.optimism.io/t/draft-season-5-grants-council-operating-budget/6941

This proposal is eligible for Special Voting Cycle #16a: https://gov.optimism.io/t/grants-council-operating-budget-template/6891