Summary This proposal seeks to streamline the Aura Ecosystem Fund’s operations by setting up 12-month contributor streams funded directly from the Aura Treasury. This will replace the ad-hoc funding approach currently used to cover shortfalls in bribe revenue and remove the need for repeated small transfers between the treasury and ecosystem fund.
Background The Aura Treasury currently holds approximately $5M in assets.
Historically, the Ecosystem Fund has covered monthly contributor costs using proceeds from voting rounds.
In May, a shortfall in bribe revenue was recognized, and $60K of supplemental funding was allocated to the Ecosystem Fund with the intent of covering the gap over the next six months.
However, voting round revenues continue to fluctuate, making it difficult to forecast the exact amounts required to consistently fill shortfalls. This uncertainty has led to the need for small transfers between the Treasury and Ecosystem Fund, adding operational friction.
Proposal We propose:
Funding Stability: Allocate the full 12-month cost of contributor stipends to the Ecosystem Fund in a single transfer from the Treasury.
ETH Transfer: On approval, transfer $370k worth of ETH from the Treasury to the Ecosystem Fund.
Stream Setup: The Ecosystem Fund will deploy these funds into 12-month streams for contributors.
Revenue Redirection: All revenue from Ecosystem Fund locks will be returned to the Treasury going forward.
This change will stabilize contributor funding, simplify operations, and allow the Ecosystem Fund to operate without constant treasury top-ups.
Rationale Operational Efficiency: Reduces the need for multiple small treasury transfers.
Financial Stability: Guarantees contributor stipends for 12 months regardless of bribe revenue fluctuations.
Treasury Health: Maintains treasury inflows by redirecting lock revenue back to the Treasury.
Vote Options FOR – Transfer the ETH to the ecosystem fund.
AGAINST – Maintain the current approach.