BFCP-C-5: BFC Member Term Extension, H2 2024

Proposer

Beanstalk Farms Committee

Summary

Extend Rex's term on the Beanstalk Farms Committee.

Quorum Note

Quorum is 25% of total outstanding Stalk participating in the vote.

There is 1 voting choice given that Rex is the only BFC member proposing to have their term extended. Quorum is required for an individual BFC member's proposal to pass.

Voting choices (For)

• Extend Rex's term

Proposal

According to Beanstalk Farms governance, at least 3 BFC members must approve any spending of the Beanstalk Farms budget. BFC members have term lengths—currently, Rex and mod323's terms end at the end of September 2024 and guy and sweetredbeans' terms end at the end of December 2024.

Therefore, in order to continue facilitating an efficient use of the remaining Beanstalk Farms budget, BFCP-C-5 is proposed.

Currently, Rex is the only BFC member that is paid by Beanstalk Farms (in accordance with BFCP-A-16). The latest monthly report on how Beanstalk Farms is spending its budget can be found here.