BIP #42 First Executive Committee Budget Proposal (2023.09-2023.12)

Summary

First Executive Committee Budget Proposal (2023.09-2023.12)

Background

According to the rules of community governance:

• Phase 1: Idea or Draft Minimum number of supports: 10 - Pass Discord Idea: https://discord.com/channels/897709643948761148/1155666850013782056
• Phase 2: BIP Minimum number of voters: 10 - Pass BIP#42: BIP #42 First Executive Committee Budget Proposal (2023.09-2023.12) - BendDAO
• Phase 3: On-chain voting Voting Quorum: Approximately 96M veBEND (20% of the total supply) Pass Rate: Over 80% Approve. The voting will last for 7 days.